Get the free Change of Account Ownership (Form-23) - DWS Investments

Deutsche Asset & Wealth Management Instructions for Change of Account Ownership Existing Account Owners The owner(s) of the existing account will complete Step 1 on the following pages. Since the

How to fill out change of account ownership

A change of account ownership is typically required when there is a transfer of ownership for a financial account. Here is a step-by-step guide on how to fill out a change of account ownership form:

1. Obtain the form: The first step is to obtain the change of account ownership form, which can usually be found on the financial institution's website or by visiting a local branch.
2. Review the requirements: Before completing the form, carefully review the requirements and instructions provided. Make sure you have all the necessary documentation and information readily available.
3. Provide personal information: Fill in your personal information such as name, address, contact details, and social security number. If there are multiple account owners, ensure to include their information as well.
4. Specify the account details: Provide the details of the account you wish to transfer ownership for. This includes the account number, account type, and any other relevant information requested.
5. Indicate the reason for the change: Depending on the form, you may need to indicate the reason for the change in account ownership. Common reasons include marriage, divorce, death of an account owner, or a change in business structure.
6. Signature and date: Sign and date the form to verify the accuracy of the information provided. If there are multiple account holders, ensure all parties sign the form.
7. Submit the form: Once the form is completed, submit it to the appropriate department or individual within the financial institution. This may involve mailing the form, submitting it in person at a branch, or submitting it electronically through the institution's online portal.

Who needs change of account ownership?

1. Individuals who are getting married and wish to merge their financial accounts.
2. Divorcing individuals who need to transfer ownership of joint accounts to a single account owner.
3. In the case of a joint account owner's death, the surviving account owner may need to update the account ownership.
4. Businesses undergoing changes in ownership or structure may need to transfer account ownership accordingly.
5. Individuals who wish to transfer ownership of accounts to a trustee or custodian for estate planning or other legal reasons.

Remember, it is essential to follow the specific instructions provided by your financial institution when filling out a change of account ownership form.

For pdfFiller’s FAQs

What is change of account ownership?

Change of account ownership is the process of transferring ownership of a financial account from one individual or entity to another.

Who is required to file change of account ownership?

The current account owner or the new account owner is required to file change of account ownership.

How to fill out change of account ownership?

To fill out change of account ownership, you typically need to provide information about the current account owner, the new account owner, and the account details.

What is the purpose of change of account ownership?

The purpose of change of account ownership is to ensure that the correct individual or entity is responsible for the financial account.

What information must be reported on change of account ownership?

Information such as the names and contact details of the current and new account owners, account number, and any relevant supporting documentation must be reported on change of account ownership.

How can I send change of account ownership to be eSigned by others?

Once you are ready to share your change of account ownership, 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.

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