Get the free Beneficiary designation change form - Sterling Capital Funds

STERLING?CAPITAL?FUNDS?INDIVIDUAL?RETIREMENT?ACCOUNT?(IRA)? BENEFICIARY?DESIGNATION?CHANGE?FORM? ? Complete?this?form?to?change?your?current? Primary?or? Contingent? Designated? Beneficiary(IES).?

How to fill out beneficiary designation change form

How to fill out a beneficiary designation change form:

1. Obtain the form: First, you need to obtain the beneficiary designation change form from the relevant institution or organization. This form is typically provided by insurance companies, retirement plans, or financial institutions.
2. Fill in personal information: Start by filling in your personal information accurately and completely. This may include your full name, address, date of birth, social security number, and any other information required by the form.
3. Identify the account or policy: Next, specify the account or policy for which you want to make the beneficiary designation change. This could be an insurance policy, retirement account, or any other financial asset where beneficiaries are designated.
4. Provide current beneficiary information: If there are existing beneficiaries listed on the account or policy, you'll need to provide their current information. This typically includes their full names, relationship to you, and their contact details.
5. Indicate the new beneficiaries: Clearly specify the new beneficiaries you want to designate for the account or policy. Include their full names, relationship to you, and their contact details.
6. Specify the beneficiary percentages: If you want to assign specific percentages of the benefit to each beneficiary, indicate this on the form. This ensures that the distribution of assets or benefits is as per your wishes.
7. Review and sign the form: Carefully review all the information you have provided on the form to ensure its accuracy. Once you are satisfied, sign and date the form at the designated places. Some forms may require witnesses or notarization, so be sure to follow the instructions provided.

Who needs a beneficiary designation change form:

1. Individuals with life insurance policies: Life insurance policyholders often need to update their beneficiary designations. This ensures that the intended beneficiaries receive the benefits in the event of the policyholder's death.
2. Retirement account holders: People who have retirement accounts, such as 401(k)s, IRAs, or pension plans, should consider updating their beneficiary designations to reflect any changes in their circumstances or wishes.
3. Individuals with investment accounts: Those who have investment accounts, such as brokerage accounts or mutual funds, may need to complete a beneficiary designation change form to ensure a smooth transfer of assets to their chosen beneficiaries.
4. Participants in employer-sponsored benefit programs: Employees who participate in employer-sponsored benefit programs like group life insurance or employee stock purchase plans may need to update their beneficiary designations using a designated form.

In summary, anyone who has assets or financial products that allow for beneficiary designations should consider filling out a beneficiary designation change form to ensure their wishes are accurately reflected in the event of their death or a change in circumstances.

For pdfFiller’s FAQs

What is beneficiary designation change form?

The beneficiary designation change form is a document that allows individuals to update or modify the beneficiary information for a particular financial account or insurance policy.

Who is required to file beneficiary designation change form?

Any individual who wishes to change the designated beneficiaries for a financial account or insurance policy is required to file the beneficiary designation change form.

How to fill out beneficiary designation change form?

To fill out the beneficiary designation change form, you need to provide your personal information, such as name, address, and social security number, and indicate the new beneficiaries along with their personal information. The form may also require you to specify the percentage or amount of benefits that each beneficiary will receive.

What is the purpose of beneficiary designation change form?

The purpose of the beneficiary designation change form is to ensure that the desired individuals or entities receive the benefits from a financial account or insurance policy after the account holder or policyholder passes away.

What information must be reported on beneficiary designation change form?

The beneficiary designation change form typically requires the reporting of the account holder or policyholder's personal information, such as name, address, and social security number, as well as the personal information of the designated beneficiaries, including their names, addresses, and relationship to the account holder or policyholder. The form may also require the specification of the percentage or amount of benefits allocated to each beneficiary.

How can I edit beneficiary designation change form on a smartphone?

The pdfFiller apps for iOS and Android smartphones are available in the Apple Store and Google Play Store. You may also get the program at https://edit-pdf-ios-android.pdffiller.com/. Open the web app, sign in, and start editing beneficiary designation change form.

How do I fill out beneficiary designation change form using my mobile device?

You can easily create and fill out legal forms with the help of the pdfFiller mobile app. Complete and sign beneficiary designation change form and other documents on your mobile device using the application. Visit pdfFiller’s webpage to learn more about the functionalities of the PDF editor.

Can I edit beneficiary designation change form on an iOS device?

You can. Using the pdfFiller iOS app, you can edit, distribute, and sign beneficiary designation change form. Install it in seconds at the Apple Store. The app is free, but you must register to buy a subscription or start a free trial.