Estate planning at WSFS Bank
How to protect 9 WSFS Bank accounts — manage beneficiaries in-branch, fund a trust in-branch, and file claims through WSFS Bank's WSFS Wealth / Bryn Mawr Trust
Customer Service (Deceased Account Notification)
How your WSFS Bank accounts transfer at death depends on how each one is titled and whether a beneficiary is on file. Of those, 8 can name a trust as beneficiary or be retitled into a trust. Getting these details right keeps assets out of probate and ensures they reach the intended recipients.
WSFS Bank handles beneficiary designations in branch and by phone. Accounts can also be retitled into a trust to keep them out of probate entirely.
WSFS Bank provides specific procedures for both proactive estate planning and filing claims after a death.
Preparing your estate
Beneficiaries and trust funding
How to update beneficiaries in-branch, fund a trust in-branch, and review 9 account types at WSFS Bank.
View details →When someone dies
Death claim process
Contact WSFS Bank's WSFS Wealth / Bryn Mawr Trust to file a claim. 7-step process, 7 required documents, and contact information for survivors.
View details →Reach WSFS Bank's WSFS Wealth / Bryn Mawr Trust at 888.973.7226 for help with any of these procedures.
Because WSFS Bank serves a limited number of states, procedures for trust funding and beneficiary changes may differ depending on your location. Verify availability before starting.
Frequently asked questions
Yes. Deposit accounts -- checking, savings, money market, and CDs -- can be retitled to a revocable living trust. Visit a WSFS banking office with your trust agreement or Certification of Trust, the trust tax identification number, and your government-issued ID. Any existing POD designation must be revoked first, because a trust account is governed by the trust terms and cannot also carry a POD beneficiary.
Sources
- wsfsbank.com
- bmt.com
- delcode.delaware.gov
- embedded-links.us-1.lytho.us
- legis.state.pa.us
- newaccount.wsfsbank.com
Data sourced from WSFS Bank primary sources (19 pages reviewed). How we research.
Customer Service (Deceased Account Notification)
Estate planning articles
Learn how to protect your WSFS Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
