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Title: Beneficiary Designation Form Author: Cool Subject: Form for Designating a Pension Participant's Beneficiaries Created Date: 7/17/2008 8:13:21 PM
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A beneficiary designation form is a legal document that allows an individual to specify who will receive his or her assets upon their death.
Any individual who wants to designate beneficiaries for their assets, such as life insurance policies, retirement accounts, or payable-on-death accounts, is required to file a beneficiary designation form.
To fill out a beneficiary designation form, an individual must provide their personal information, as well as the information of the beneficiaries they wish to designate. They must also specify the percentage of assets each beneficiary will receive.
The purpose of a beneficiary designation form is to ensure that an individual's assets are distributed according to their wishes upon their death.
The beneficiary designation form must include the individual's personal information, the beneficiaries' information, and the percentage of assets each beneficiary will receive.
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