Help your family avoid probate and potential estate taxes.
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✓ Protect your assets from costly probate fees and potential estate taxes before they’re distributed to beneficiaries
✓ Distribute funds easily so your loved ones will get access with less hassle
✓ Avoid risk of investment-based trusts
✓ No maximum balance limit
✓ Dividends paid monthly for accounts with average balances of $100 or more
✓ Savings account, checking account or certificate option can help separate funds meaningfully, increase liquidity and ease trustee’s role
✓ Take important step towards peace of mind
✓ Help ensure your assets are distributed the way you see fit after you're gone
✓ Gives you more control over how assets are used than just a will alone
You can open a trust account with any of the following:
Earn interest and get access to some banking features with your trust account. Consider for:
✓ Short-term or transitional trust needs
✓ Interim strategy before investing long-term assets
✓ Planning for upcoming distributions
Get flexible banking features for your trust account. Give trustee means to more easily:
✓ Pay property taxes or attorney fees
✓ Setup automatic payments for utilities, insurance premiums or other ongoing expenses
✓ Distribute funds to beneficiaries
Earn a high return on your trust account with a certificate. A certificate’s fixed maturity date can:
✓ Provide guaranteed, predictable returns that avoid market volatility
✓ Be scheduled to meet a distribution date or beneficiary age (i.e., a 24-month certificate for money meant to be distributed in two years)
Learn about why everyone is eligible to apply to join Alliant and how membership pays. Insured by NCUA.
Mailing Address (U.S. Postal Service) Alliant Credit Union Attn: Special Services P.O. Box 66945 Chicago, IL 60666-0945
Overnight Service Alliant Credit Union Attn: Special Services 11545 W. Touhy Avenue Chicago, IL 60666 773-462-2182
The trustor/grantor/settlor is the person who creates the trust. The trustee is the person who manages the assets in the trust. In some instances, the currently acting trustee may not be the original trustor.
An owner of a trust account is the person who has the powers to modify or revoke the terms of the trust, referred to as the trustor/grantor/settlor within the trust.
Yes. You can designate a trust as a beneficiary for your personal account.
To open a living trust, please provide copies of the pages of your Trust Agreement or Certification of Trust that indicate:
Yes. You will need to supply the death certificate if one of the trustees is deceased. If all of the original trustees of a living trust are deceased, then the successor trustee must obtain a Tax ID Number from the IRS and provide a copy of the death certificate.
The following products are NOT available with Trust accounts:
However, you can always open a separate membership account to take advantage of these products.
Absolutely — and we encourage you to do so.
Yes. Open the trust account first, then contact an Alliant representative at 800-328-1935 for assistance with opening a Jumbo Savings Account.
You are leaving Alliant’s website to enter a website hosted by an organization separate from Alliant Credit Union. The products and services on this website are being offered through LPL Financial or its affiliates, which are separate entities from, and not affiliates of, Alliant Credit Union.The privacy and security policies of the site may differ from those of Alliant Credit Union.
You are leaving an Alliant Credit Union website and are about to enter a website operated by a third-party, independent from Alliant Credit Union. Alliant Credit Union does not manage the operation or content of the website you are about to enter. Alliant Credit Union is not responsible for the content and does not provide any products or services at this third-party website. The privacy and security policies of the site may differ from those of Alliant Credit Union.
