How to name beneficiaries and fund a trust at Vermont Federal
Covers 10 deposit, and 4 retirement accounts — beneficiaries can be managed online
PO Box 2147, South Burlington, VT 05407-2147
Member Contact Center
PO Box 2147, South Burlington, VT 05407-2147
Member Contact Center
Vermont Federal Credit Union, PO Box 2147, South Burlington, VT 05407-2147
There are two ways to keep your Vermont Federal accounts out of probate: adding Payable on Death designations and retitling accounts into a trust. Because Vermont Federal is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Both methods ensure your accounts transfer directly to the people you choose, without court involvement.
Vermont Federal has 14 product types, and the estate transfer rules differ across them. Some support Payable on Death (POD) designations, some can be retitled into a trust, and others will require probate if nothing is set up. Each is covered below.
- Navigate to vermontfederal.org/forms.
- Locate the "Pay on Death Form" and click the DocuSign link.
- Complete the form with primary and contingent beneficiary information.
- All account owners must sign the DocuSign form electronically.
- Submit the completed form through DocuSign.
- Vermont Federal will update account records.
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD (Payable on Death) designations available for all deposit accounts.
- IRA accounts have separate beneficiary designations.
- Trusts can be named as POD beneficiaries on deposit accounts.
- All account owners must sign the beneficiary designation form.
- Completing a new form cancels and revokes all previous beneficiary designations for that account.
- The Pay on Death Form is available via DocuSign on the forms page, enabling online completion and submission.
Sources
Data sourced from Vermont Federal primary sources (21 pages reviewed). How we research.
Download these Vermont Federal instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Vermont Federal primary sources. Bring it to the branch or keep it beside the phone.
PO Box 2147, South Burlington, VT 05407-2147
Member Contact Center
PO Box 2147, South Burlington, VT 05407-2147
Member Contact Center
Vermont Federal Credit Union, PO Box 2147, South Burlington, VT 05407-2147
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