How to name beneficiaries and fund a trust at Valley
Covers 17 deposit, 2 retirement, and 2 lending accounts — beneficiaries must be updated in-branch
Valley Wealth & Trust
80 E. Ridgewood Ave., Paramus, NJ 07452
Valley Wealth & Trust
80 E. Ridgewood Ave., Paramus, NJ 07452
The key to protecting your Valley accounts is making sure each one has a transfer mechanism in place—either a beneficiary designation or trust ownership. Without one, the account goes through probate, adding time, cost, and court involvement for your family.
With 21 product types, Valley 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.
- Bring a valid government-issued photo ID
- Request a POD (Payable-on-Death) beneficiary designation form
- Complete the form with primary and contingent beneficiary information
- For trusts: provide the trust name, date, and trustee details
- Submit the completed form to the branch representative
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Trusts can be named as POD beneficiaries with trust name, date, and trustee details
- Primary and contingent beneficiaries allowed
- Beneficiaries need death certificate and government-issued ID to claim funds
Sources
Data sourced from Valley primary sources (22 pages reviewed). How we research.
Download these Valley instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Valley primary sources. Bring it to the branch or keep it beside the phone.
Valley Wealth & Trust
80 E. Ridgewood Ave., Paramus, NJ 07452
Valley Wealth & Trust
80 E. Ridgewood Ave., Paramus, NJ 07452
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