How to name beneficiaries and fund a trust at Wilton Re
Beneficiaries are managed online. Trust paperwork is taken by mail
Beneficiary designations are the foundation of estate planning for Wilton Re policies. Unlike bank accounts, insurance products cannot be retitled into a trust. Instead, the beneficiary designation itself determines who receives the proceeds and how quickly they're paid. Naming a trust as beneficiary is an option when more control over distributions is needed.
Wilton Re has 5 policies with different estate transfer rules. Here is how beneficiary designations, trust ownership, and probate apply to each one.
- Registration requires a valid contract number and the last 4 digits of the owner's Social Security number, or the full Social Security number and date of birth
- Contracts owned by an entity such as a trust or business cannot be registered for an online account
- Complete the required fields and answer the questions in the "ID Check" section
- A confirmation letter is mailed for the owner's records if the owner elected to sign the DocuSign form
Required Documents
- Contract number (to register for the Texas Life Customer Portal)
- Owner's Social Security number (to register for the Texas Life Customer Portal). The last 4 digits, or the full number with the owner's date of birth
- Answers to the "ID Check" questions (when updating the beneficiary online)
- Download the form from the Texas Life Customer Service Forms page ("Change the owner of the contract")
- Enter the contract number, the insured, and the new owner's name, Social Security or Tax ID number, date of birth, mailing address, and telephone number
- The current owner(s) sign, each with a witness signature
- The new owner completes the Substitute Form W-9 on page 2
Required Documents
- Request for Transfer of Ownership (Absolute Assignment of Contract), form 14I052 R12/24 (for a Texas Life contract). The form states: "Do not use this form in a case where owner is deceased."
- New owner's Social Security or Tax ID number. Given on the Substitute Form W-9 on page 2 of the form
- New owner's name, date of birth, mailing address and telephone number
- Signature of each current owner, with a witness signature for each. The form states that "a facsimile copy of my signature shall be as valid as an original."
What Wilton Re says about beneficiaries and trusts
Each section is Wilton Re's own statement, with the document it comes from numbered under Sources.
What Wilton Re's agreement says about beneficiaries1
- Online access
A Texas Life contract owned by an entity such as a trust or business cannot be registered for an online account.1
Which accounts a trust can hold1
- Life insurance policy
Texas Life's FAQ refers to contracts owned by a trust.1
Trust account forms Wilton Re issues1
- Request for Transfer of Ownership (Absolute Assignment of Contract), form 14I052
For life insurance policys. Completed by the current owners, each with a witness, and the new owner. Available to download.2
Return to
Mailing address: Texas Life Insurance Company, 900 Washington Ave, P.O. Box 830, Waco, TX 76703-0830
What Wilton Re says about trust accounts1
- A trust as owner of a policy
The Texas Life ownership form assigns to the new owner "all rights and interests in the contract," including the right to change the beneficiary or surrender the contract.2
Not in Wilton Re's published guidance2
- A beneficiary-change form or procedure for legacy policies
- An ownership or trust procedure for legacy policies
Sources
Data sourced from Wilton Re primary sources (8 pages reviewed). How we research.
Download these Wilton Re instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Wilton Re primary sources. Bring it to the branch or keep it beside the phone.
Wilton Re estate support
Wilton Re (Norwalk, CT office)
Phone
WRNY, formerly The American Life Insurance Co. of New York (policy numbers generally start with 2000 and end in E)
WRNY, formerly North American Company for Life and Health NY (term policies generally start with LN)
WRNY, formerly North American Company for Life and Health NY (annuities generally start with 31 or 403B)
WRNY, formerly Utica National Life Insurance Company (policies generally start with 000 and end with A)
WRNY, formerly Keystone State Life Insurance Company (policies generally start with 040 or 020)
WRNY, formerly Allstate Life Insurance Company of New York (policies generally start with 03, GA, LB or 7)
Wilcac Life, formerly Continental Assurance Company (structured settlements)
Wilcac Life (annuity and group annuity policies, generally starting with CAC)
Wilcac Life (pensions)
Wilcac Life (term, UL, deferred annuities and payout annuities)
Formerly Wilco Life Insurance Company (formerly Conseco, Philadelphia Life and Massachusetts General)
Texas Life Customer Service (ext. 6814)
Fax
Mailing address
Website
Estate requests go through general customer service.
Estate planning articles
Learn how to protect your Wilton Re accounts and other assets with trusts, beneficiary designations, and estate planning documents.
Is this your situation?
Get a complete guide for your specific circumstances.
New Baby or Adoption
Your family is growing. Your protection should too. Guardian nominations, trusts for minors, beneficiary updates, and the documents new parents need in place.
Learn more
Marriage
What married couples need in place: one joint trust or two, wills, beneficiary updates, and the spousal rights your state grants you automatically.
Learn more
New Home
How to put your house in a revocable trust: the deed you record, what it does to your mortgage and property taxes, and when a TOD deed is simpler.
Learn more
Retirement
Retirement changes your financial picture. Healthcare directives, beneficiary reviews, long-term care planning, and protecting what you've built.
Learn moreForms for Planning Your Estate
Free forms for planning your estate: a will, living trust, pour-over will, both powers of attorney, living will, and TOD deed.
Revocable Living Trust
Create a revocable living trust to avoid probate, protect privacy, and control asset distribution.
Last Will and Testament
Name your heirs, guardians, and final wishes. Free for every state.
Transfer on Death Deed
Transfer real property to a beneficiary upon your death without probate. Available in 34 states and the District of Columbia.
Tools for Planning Your Estate
Free tools for planning your estate: what a will or trust costs, whether you need a trust or TOD deed, and how documents are signed.
How Much Does a Revocable Living Trust Cost?
Compare revocable living trust costs across providers including online services and attorneys.
How Does SimplyTrust Compare to LegalZoom, Trust & Will, and Other Services?
Compare what it costs to make a trust official across SimplyTrust, LegalZoom, Trust & Will, Rocket Lawyer, and Quicken WillMaker.
Do I Need a Revocable Trust?
Find out if a revocable trust makes sense based on your state, estate value, and family situation.
Trust or Will: Which Costs Less?
Compare the cost of probate vs a trust for your state and estate value.
What Does Estate Planning Actually Cost?
Compare costs across estate planning providers including online services and attorneys.
How Much Life Insurance Do I Need?
Calculate your life insurance needs based on income, debts, and family situation.
