After testing out an estate planning pilot program last year with more than 1,100 of its employees, State Employees' Credit Union wants one more round of feedback before rolling out services to its 1.6 million members.
Nearly 3,000 volunteers with SECU's advisory board and board of directors are next in line to use the "estate planning essentials pilot program." Available at the $21 billion SECU's branch locations in North Carolina, each estate planning package will include a will with possible trust provisions, a durable power of attorney, a health care power of attorney and living will, and a Health Insurance Portability and Accountability Act authorization.
For wills that include trust provisions and other more complex planning, SECU Trust Services, through MEMBER Trust Co., can be named as the corporate trustee by the member to manage the trust assets and oversee the distributions on behalf of the beneficiaries.
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