Estate planning at Prosperity Bank
How to protect 18 Prosperity Bank accounts — manage beneficiaries in-branch, fund a trust in-branch, and file death claims
Prosperity Bank, 1301 North Mechanic, El Campo, TX 77437
Prosperity Bank, 1301 North Mechanic, El Campo, TX 77437
Deceased-account settlement is handled by the banking center holding the account (reached through general customer service); accounts administered by Wealth Management route to Prosperity Trust
Prosperity Bank, 80 Sugar Creek Center Blvd., Sugar Land, TX 77478
How your Prosperity Bank accounts transfer at death depends on how each one is titled and whether a beneficiary is on file. Of those, 16 can name a trust as beneficiary or be retitled into a trust. Getting these details right keeps assets out of probate and ensures they reach the intended recipients.
Beneficiary designations at Prosperity Bank can be managed in branch, by mail, and by phone, typically taking 15-30 minutes in branch. Trust funding is also available, allowing families to retitle accounts into the name of a revocable living trust.
There are two sides to estate planning at Prosperity Bank: setting things up while you're alive, and the process survivors follow after a death.
Preparing your estate
Beneficiaries and trust funding
How to update beneficiaries in-branch, fund a trust in-branch, and review 18 account types at Prosperity Bank.
View details →When someone dies
Death claim process
6-step process, 8 required documents, and contact information for survivors.
View details →Prosperity Bank operates in select states, so estate planning procedures may vary by location. Confirm availability in your state before initiating trust funding or account changes.
Frequently asked questions
To retitle a checking, savings, money market, or CD account into your revocable living trust, visit any Prosperity Bank banking center with your trust documentation. You will need a Certification of Trust or the full trust agreement, government-issued ID for all trustees, and the trust's tax identification number (for revocable trusts, the grantor's SSN is typically used during the grantor's lifetime). A banker will complete the retitling. IRA accounts cannot be retitled to a trust; a trust can be named as the IRA beneficiary instead.
Sources
Data sourced from Prosperity Bank primary sources (33 pages reviewed). How we research.
Prosperity Bank, 1301 North Mechanic, El Campo, TX 77437
Prosperity Bank, 1301 North Mechanic, El Campo, TX 77437
Deceased-account settlement is handled by the banking center holding the account (reached through general customer service); accounts administered by Wealth Management route to Prosperity Trust
Prosperity Bank, 80 Sugar Creek Center Blvd., Sugar Land, TX 77478
Estate planning articles
Learn how to protect your Prosperity Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
