Estate Planning Essentials Program

State Employees' Credit Union (SECU) offers the Estate Planning Essentials Program, which allows members to meet with participating attorneys and have estate planning documents prepared at a predetermined price. SECU is committed to providing financial planning services and an estate plan is an important piece of a comprehensive financial plan.

Services included in the Estate Planning Essentials Program are priced at $375 for an individual and $500 for a husband and wife with substantially similar estate plans whose documents are prepared at the same time. A spouse who will not have substantially similar documents or will not have his or her documents completed at the same time will be subject to the individual price of $375.

Participation in this Estate Planning Essentials Program is optional for members. The documents that may be included in the program for each member are:

• Will that may include trust provisions*
• Durable Power of Attorney (POA)
• Healthcare Power of Attorney (HPOA) and Living Will
• HIPAA Authorization

*Members have the opportunity to utilize SECU Trust Services through Members Trust Company to manage trust assets and oversee the distributions on behalf of beneficiaries. At a low-cost, annual tiered fee of 1.25%¹ with minimum fees starting at $2,500², and minimum account opening balance of $250,000, these services are available to many NCPACU members.

This program is available at branch locations across the state. In order to participate, you will need to meet with an SECU Trust Representative to discuss general estate planning concerns.

The Estate Planning Essentials Program is intended to cover the estate planning needs of most members whose situation can be addressed in a single appointment with the attorney. However, if a situation requires more complex planning, this program would not be sufficient. In such a situation, a Trust Representative will work with you and a local attorney chosen by you to address complex planning needs.

If you are interested in the Estate Planning Essentials Program and would like to discuss your specific situation, please contact your local branch and ask to speak to a Trust Representative.

Attorneys participating in the Estate Planning Essentials Program are not employees or agents of the Credit Union (SECU, LGFCU or NCPAFCU), Members Trust Company or any affiliated entity. SECU Trust Representatives are not employees or agents of the participating attorneys. The Credit Union and Members Trust Company are not providing legal services and are not responsible for the services provided by these independent professionals. The Estate Planning Essentials Program is an optional program for members. Credit Union members have the option to use an attorney participating in the program or select their own attorney.

Trust Services offered through Members Trust Company, a federal thrift regulated by the Office of the Comptroller of the Currency. Trust products are not credit union deposits, are not insured by the NCUA or any other federal government agency, are not obligations of or guaranteed by the Credit Union, Members Trust Company or any affiliated entity, and involve investment risks, including the possible loss of principal. The material above is for educational purposes only and is not intended to provide legal or tax advice regarding your situation. For legal or tax advice, please consult your attorney and/or tax professional.

¹The tiered fee schedule offered by SECU Trust Services is 1.25% on the first $1 million of assets; 1.00% on the next $1 million; 0.85% on the next $1 million; and 0.75% on the next $3 million. Fees for accounts over $6 million are negotiable.

²Minimum annual fees: $2,500 for Agent for Trustee, FlexIRA, and Revocable Living Trusts; $3,000 for Irrevocable Trusts; $3,500 for Special Needs Trusts.