Get the free Beneficiary Designation and Change Form

This form is used to designate or change beneficiaries for life insurance and AD&D benefits provided by Standard Insurance Company for employees of the City of Dallas.

How to fill out beneficiary designation and change

How to fill out Beneficiary Designation and Change Form

1. Obtain the Beneficiary Designation and Change Form from your financial institution or insurance provider.
2. Read through the instructions provided with the form to understand the requirements.
3. Fill out your personal information in the designated fields, including your full name, address, and account number.
4. Identify the primary beneficiary by entering their full name, date of birth, and relationship to you.
5. If applicable, designate alternate beneficiaries by providing their information as well.
6. Review your designations to ensure accuracy and make any necessary corrections.
7. Sign and date the form at the bottom to validate your designations.
8. Submit the form according to the instructions - either online or via mail.

Who needs Beneficiary Designation and Change Form?

1. Individuals with life insurance policies.
2. Account holders with retirement accounts, such as IRAs or 401(k)s.
3. Trustees managing trusts that may include financial accounts.
4. Individuals needing to designate beneficiaries for estate planning purposes.
5. Anyone who wants to ensure their assets are distributed according to their wishes after death.

People Also Ask about

How to fill out a designation of beneficiary form?

Provide the following information on the beneficiary designation: The full name of the trust as it shows on the trust document. The date the trust was created. The name of the trustee, followed by the word “trustee”, or if you cannot provide a trustee, ETF may accept another contact person. The trustee's address.

What is an example of a designated beneficiary?

Estranged relatives or former spouses – Family relationships can be complicated, so think carefully if an estranged relative or ex-spouse really aligns with your wishes. Pets – Pets can't legally own property, so naming them directly as beneficiaries is problematic.

Who should I not name as a beneficiary?

Do you have a contingent beneficiary in mind if you decide to name your child/children as your primary beneficiaries? Remember that you always want to name contingent beneficiaries so your estate isn't tied up in probate if your primary beneficiary isn't able to receive assets for any reason.

How to fill out a beneficiary designation?

Most beneficiary designations will require you to provide a person's full legal name and their relationship to you (spouse, child, mother, etc.). Some beneficiary designations also include information like mailing address, email, phone number, date of birth and Social Security number.

What is an SF 2823 form for?

Mail Form To SF 2823, Designation For FEGLI Determines how proceeds from the life insurance are distributed.

What is the SF 2808 form?

This Designation of Beneficiary form is used to designate who is to receive a lump-sum payment which may become payable after your death. It does not affect the right of any person who is eligible for survivor annuity benefits.

Can I change my beneficiary designation?

Generally, you can review and update your beneficiary designations by contacting the company or organization that provides your insurance or retirement plan. You can sometimes do this online.

For pdfFiller’s FAQs

What is Beneficiary Designation and Change Form?

The Beneficiary Designation and Change Form is a document used to specify or change the individuals or entities that will receive benefits from a financial account or insurance policy upon the account holder's death.

Who is required to file Beneficiary Designation and Change Form?

Typically, individuals who hold a financial account, insurance policy, or retirement plan are required to file a Beneficiary Designation and Change Form to ensure their assets are distributed according to their wishes after their passing.

How to fill out Beneficiary Designation and Change Form?

To fill out the form, provide accurate personal information, including your name, account details, and the full names and contact information of the beneficiaries you wish to designate. Ensure to follow any specific instructions provided by the financial institution or insurance company.

What is the purpose of Beneficiary Designation and Change Form?

The purpose of the form is to clearly outline who will receive the benefits of an account or policy after the owner's death, thereby avoiding confusion and potential legal disputes among survivors.

What information must be reported on Beneficiary Designation and Change Form?

The form typically requires information such as the account holder's personal details, the names and relationships of beneficiaries, their contact information, and any percentage or specific amounts to be allocated to each beneficiary.