Estate planning at Valley

Valley Wealth & Trust provides comprehensive estate settlement services. If you have been named executor, Valley can assist with probating the will, locating and inventorying estate assets, securing and preserving assets during administration, paying estate expenses, collecting debts owed to the estate, keeping accurate records, arranging for preparation and filing of required tax returns, and distributing estate assets to heirs.

Yes. Valley Wealth & Trust can act as agent for executor or trustee, performing many of the administrative functions on your behalf. This is helpful for individuals who are unfamiliar with the duties and responsibilities involved in serving as executor or trustee. Contact Valley Wealth & Trust at 973-305-3500 for details.

Yes. A trust can be named as POD beneficiary on Valley deposit accounts (checking, savings, money market, CDs). You will need to provide the trust name, date of the trust agreement, and trustee details on the POD beneficiary designation form. For IRAs, a trust can be named as beneficiary on the IRA beneficiary designation form.

Visit a Valley branch with your trust document or Certificate of Trust, government-issued photo ID for all trustees, and the trust tax identification number (EIN or grantor's SSN). A banker will complete the trust account application and retitle your existing deposit accounts into the trust name. You can also contact Valley Wealth & Trust at 973-305-3500 to start the process.

Valley National Bank has over 230 branches across New Jersey, New York, Florida, Alabama, California, and Illinois. The bank is headquartered in Wayne, New Jersey. Branch locations and ATMs can be found at https://locations.valley.com/.