Trust Accounts

An NWFCU Trust Account can help you achieve your goals for your estate and assure your personal wishes are carried out correctly.

Benefits & Highlights

Your attorney should prepare the necessary documentation to establish a trust. Once established, the trust becomes the legal owner of any assets transferred into the trust
Can be used to split income among family members, reduce probate and estate costs, and protect assets from creditors

Trust Account Options

Documentation Required to Open a Trust

To open your Trust Account, stop by a branch or mail your Trust Application with the following documentation:

Completed Trust Application including signatures of all trustees
All documentation as provided by your attorney including:
- Copy of the trust pages
- Title page which will have the name of the trust
- Pages with names of trustees, names of the beneficiaries, and the notarized signature page.
We will also accept a Certification of Trust document in lieu of the above mentioned pages
Copy of identification for all trustees (driver’s license, passport, or other form of government I.D.)

Note: IRA’s, credit cards or any type of loans, cannot be placed in a Trust Account.