Estate planning at Sallie Mae Bank
How to protect 4 Sallie Mae Bank accounts — manage beneficiaries online, fund a trust by mail, and file death claims
Sallie Mae Bank, Bank Operations, 175 S West Temple, Ste. 600, Salt Lake City, UT 84101
Sallie Mae Bank, Bank Operations, 175 S West Temple, Ste. 600, Salt Lake City, UT 84101
Death Claims / Savings Support
Sallie Mae Bank, Bank Operations, 175 S West Temple, Ste. 600, Salt Lake City, UT 84101
Sallie Mae Bank offers 4 consumer accounts that interact with estate planning in distinct ways. Of those, 3 can name a trust as beneficiary or be retitled into a trust. Understanding the transfer methods available for each account type helps families keep assets out of probate and ensure they pass to the right people.
Beneficiary changes at Sallie Mae Bank can be made online and by phone. Accounts can also be retitled into a trust to keep them out of probate entirely.
Sallie Mae Bank has documented procedures for both preparing accounts during your lifetime and handling claims when an account holder passes away.
Preparing your estate
Beneficiaries and trust funding
How to manage beneficiaries online, fund a trust by mail, and review 4 account types at Sallie Mae Bank.
View details →When someone dies
Death claim process
5-step process, 6 required documents, and contact information for survivors.
View details →Frequently asked questions
Yes for High-Yield Savings, Money Market, and CD accounts. Call 1-877-346-2756 to initiate the process. You will need to provide the trust name, trustee name(s), and the trust's Tax Identification Number, plus a Certification of Trust or relevant pages of the trust agreement. Some forms may require notarization before submission. SmartyPig accounts do not support trust titling.
Sources
Data sourced from Sallie Mae Bank primary sources (11 pages reviewed). How we research.
Sallie Mae Bank, Bank Operations, 175 S West Temple, Ste. 600, Salt Lake City, UT 84101
Sallie Mae Bank, Bank Operations, 175 S West Temple, Ste. 600, Salt Lake City, UT 84101
Death Claims / Savings Support
Sallie Mae Bank, Bank Operations, 175 S West Temple, Ste. 600, Salt Lake City, UT 84101
Estate planning articles
Learn how to protect your Sallie Mae Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
