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Return completed form to:CHANGE OF CONTINGENT OWNERSHIPState of Wisconsin Office of the Commissioner of Insurance State Life Insurance Fund P.O. Box 7873 Madison, WI 537077873 (608) 2660107 18005625558Ref:
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How to fill out change of contingent ownership:

01
Obtain the necessary form: Start by obtaining the specific form for change of contingent ownership. This form can usually be obtained online from the relevant department or organization, such as the Department of Motor Vehicles or the financial institution involved.
02
Identify the parties: Clearly identify the parties involved in the change of contingent ownership. This typically includes the current owner, the new contingent owner, and any other relevant parties. Make sure to provide accurate contact information for each party.
03
Provide necessary information: Fill out the form with all the necessary information. This may include the vehicle or property details, such as the make, model, VIN number, or address. Double-check all the information to ensure accuracy.
04
Sign and date the form: Once all the required information is filled in, sign and date the form. Make sure to carefully read any instructions or disclosures included on the form before signing.
05
Submit the form: After completing the form, submit it to the appropriate department or organization. This may involve mailing it, submitting it online, or hand-delivering it to a specific location. Follow the instructions provided to ensure the form is properly submitted.

Who needs change of contingent ownership?

01
Individuals selling or transferring ownership: If you are selling or transferring ownership of a vehicle, property, or other asset, you may need to fill out a change of contingent ownership form. This is necessary to officially transfer the ownership rights to the new contingent owner.
02
Financial institutions: Financial institutions that hold liens or have a financial interest in a vehicle or property may need to fill out a change of contingent ownership form. This allows them to update their records and protect their financial interest in the asset.
03
Government agencies: Government agencies, such as the Department of Motor Vehicles or the Land Registry Office, may require a change of contingent ownership form to update their official records. This ensures that accurate ownership information is maintained and can be accessed when needed.
Overall, anyone involved in a transaction that involves a transfer of contingent ownership rights may need to fill out a change of contingent ownership form. It is important to check with the relevant parties or agencies to determine if this form is required and to follow the appropriate steps for completion and submission.
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Change of contingent ownership is the process of updating the ownership status of a contingent interest in a property or asset.
Any party who has a contingent interest in a property or asset is required to file a change of contingent ownership.
To fill out a change of contingent ownership, the party must provide details of the current ownership status, as well as the updated contingent ownership information.
The purpose of change of contingent ownership is to ensure that the ownership status of a contingent interest is accurately recorded and updated.
The information that must be reported on a change of contingent ownership includes the current ownership details, the contingent interest holder, and any changes to the contingent ownership.
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