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Beneficiary Designation Form Print or Type Underwritten by: (check one) c NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. c AIG LIFE INSURANCE COMPANY c AMERICAN INTERNATIONAL LIFE ASSURANCE

How to fill out beneficiary designation form

How to fill out beneficiary designation form:

1. Start by obtaining a copy of the beneficiary designation form from the relevant institution or organization. This can often be done online or by contacting the institution directly.
2. Read the instructions carefully. Understand the purpose of the form and the information that needs to be provided.
3. Begin by providing your personal information, such as your full name, address, date of birth, and contact details. This information is necessary to identify you as the account or policy owner.
4. Identify the type of account or policy for which you are designating a beneficiary. This may include retirement accounts, life insurance policies, investment accounts, or others.
5. Clearly indicate the full name, relationship, and contact information of the designated beneficiary. Be accurate and specific to avoid any confusion or potential disputes in the future.
6. Specify the percentage or allocation of the assets that each beneficiary should receive. If there is only one beneficiary, you can allocate 100% to them. If there are multiple beneficiaries, you must determine the distribution percentages that add up to 100%.
7. Review the form thoroughly before submitting it. Make sure all the information is accurate and complete. Incorrect or missing information may cause delays or complications.
8. Sign and date the form in the designated spaces. Some forms may require witnesses or notarization, so be sure to follow any additional instructions provided.
9. Keep a copy of the completed form for your records. It is also a good idea to inform the designated beneficiary about their inclusion in the form.

Who needs beneficiary designation form:

1. Individuals who have retirement accounts, such as employer-sponsored 401(k) plans, individual retirement accounts (IRA), or pension plans may need to fill out a beneficiary designation form to specify who will inherit these assets upon their death.
2. Life insurance policyholders also require a beneficiary designation form to name the person or persons who will receive the proceeds of the policy when they pass away.
3. Trusts or estate planning documents often include beneficiary designations for various assets like bank accounts, investments, or real estate. In such cases, individuals would need to complete beneficiary designation forms as part of the overall estate planning process.
4. Some financial institutions or organizations may require individuals to fill out beneficiary designation forms for certain accounts or policies they hold. This is to ensure that the assets are distributed according to the account or policy owner's wishes and to avoid legal complications in the future.

For pdfFiller’s FAQs

What is beneficiary designation form?

A beneficiary designation form is a legal document that allows an individual to specify who will receive the assets in their retirement account or life insurance policy upon their death.

Who is required to file beneficiary designation form?

Anyone who has a retirement account or life insurance policy with designated beneficiaries should fill out a beneficiary designation form.

How to fill out beneficiary designation form?

To fill out a beneficiary designation form, you will need to provide the names, dates of birth, and relationship to the account holder of each beneficiary.

What is the purpose of beneficiary designation form?

The purpose of a beneficiary designation form is to ensure that your assets are distributed according to your wishes upon your death.

What information must be reported on beneficiary designation form?

The beneficiary designation form must include the full name, date of birth, and relationship to the account holder of each beneficiary.

How can I send beneficiary designation form to be eSigned by others?

Once you are ready to share your beneficiary designation form, you can easily send it to others and get the eSigned document back just as quickly. Share your PDF by email, fax, text message, or USPS mail, or notarize it online. You can do all of this without ever leaving your account.

Can I create an electronic signature for signing my beneficiary designation form in Gmail?

You may quickly make your eSignature using pdfFiller and then eSign your beneficiary designation form right from your mailbox using pdfFiller's Gmail add-on. Please keep in mind that in order to preserve your signatures and signed papers, you must first create an account.

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