How to name beneficiaries and fund a trust at WSFS Bank
Covers 7 deposit, 1 retirement, and 1 investment accounts — beneficiaries must be updated in-branch
Customer Service (Deceased Account Notification)
Estate planning for your WSFS Bank accounts starts with understanding how each one transfers at death. Beneficiary designations and trust retitling both bypass probate, but the right approach depends on the account type, your tax situation, and how much control you want over distributions.
WSFS Bank offers 9 accounts, each with its own transfer rules. The sections below cover how to set up beneficiaries, fund a trust, and which products support each approach.
- Full legal name
- Relationship to you
- Date of birth and, where required, Social Security number
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- A POD beneficiary does not need to be present to be named
- A POD beneficiary does not need to be a WSFS customer
- Named beneficiary and POD designations pass outside probate and override instructions in your will
- If more than one POD beneficiary survives the last account owner, WSFS treats their interests as equal shares unless its account records state otherwise (WSFS Relationship Reference Guide); specify percentages if you do not want an equal split
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.
Download these WSFS Bank instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against WSFS Bank primary sources. Bring it to the branch or keep it beside the phone.
Customer Service (Deceased Account Notification)
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