Preparing your Prosperity Bank accounts for estate transfer involves two primary strategies: designating beneficiaries on individual accounts and, where supported, retitling accounts into a revocable living trust. Both approaches bypass probate, but they work differently depending on the account type.

With 17 product types, Prosperity Bank offers a range of transfer options. Some accounts support Payable on Death (POD) designations, others can be retitled into a trust, and some require probate if no beneficiary is designated. The sections below break down each step.

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1Visit your local Prosperity Bank banking center

2Request to add or update POD beneficiary designations on your deposit accounts

3Provide beneficiary name, date of birth, Social Security number, and relationship

4Specify allocation percentages if naming multiple beneficiaries

5Sign the updated beneficiary designation form

6For IRA accounts, complete the IRA Beneficiary Designation form at the branch

Required Documents

Trust name, date established, and tax ID (EIN or SSN)

Special Requirements

Beneficiary changes for deposit accounts require visiting a branch or submitting a signed form
IRA beneficiary designations require a separate IRA-specific form
Naming a trust as beneficiary requires the trust name, date of establishment, and tax ID number
No dedicated beneficiary designation form is available for download on the Prosperity Bank website; forms are obtained in-branch or by calling customer service