How to name beneficiaries and fund a trust at Simmons Bank
Covers 9 deposit, 6 retirement, and 2 lending accounts — beneficiaries can be managed online
Simmons Bank, Customer Service Center, P.O. Box 7009, Pine Bluff, AR 71611
Simmons Bank, Customer Service Center, P.O. Box 7009, Pine Bluff, AR 71611
Death Claims
Simmons Bank, P.O. Box 7009, Pine Bluff, AR 71611
There are two ways to keep your Simmons Bank accounts out of probate: adding beneficiary designations and retitling eligible accounts into a revocable living trust. Which approach works best depends on the account type and your overall estate plan.
With 17 product types, Simmons 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.
- Full legal name, date of birth, and Social Security number
- Designate allocation percentages if naming multiple beneficiaries
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Trust beneficiary designations may require visiting a branch with trust documentation
- IRA beneficiary changes may require completing a separate form at a branch
- POD beneficiaries cannot withdraw unless all account creators have died and the beneficiary is living when the last creator dies
- If multiple POD beneficiaries survive, they own the account in equal shares with right of survivorship
- Account creators reserve the right to change beneficiaries, change account types, and withdraw funds at any time during their lifetime
Sources
Data sourced from Simmons Bank primary sources (17 pages reviewed). How we research.
Download these Simmons Bank instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Simmons Bank primary sources. Bring it to the branch or keep it beside the phone.
Simmons Bank, Customer Service Center, P.O. Box 7009, Pine Bluff, AR 71611
Simmons Bank, Customer Service Center, P.O. Box 7009, Pine Bluff, AR 71611
Death Claims
Simmons Bank, P.O. Box 7009, Pine Bluff, AR 71611
Estate planning articles
Learn how to protect your Simmons Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
