North Carolina State Employees’ CU Pilots Estate Planning

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RALEIGH, N.C. – State Employees’ CU has launched an Estate Planning Essentials Pilot Program for basic estate planning and will preparation, which initially will be available to the 3,000 volunteers of the $21 billion credit union.

SECU has identified a slate of experienced attorneys who have agreed to prepare estate planning documents at a predetermined price.  Each estate planning package will include a will with possible trust provisions, a Durable Power of Attorney, a Healthcare Power of Attorney and Living Will, and a HIPAA Authorization.  For wills that include trust provisions, SECU Trust Services through MEMBERS Trust Company can be named as the corporate trustee by the member to manage the trust assets and oversee distributions on behalf of the beneficiaries.

The pilot program will be available at the credit union’s more than 200 branches across the state and will provide estate planning documents, prepared by participating attorneys, to its volunteers serving on local branch advisory boards or the credit union’s board.

SECU is piloting the program to this group of volunteers to test the service, as it said they are an excellent resource group to critique the benefits of all new member offerings.  Upon successful completion of the pilot, the program will be made available to all SECU members.

 

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