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Contract Number(s)Michigan Department of Treasury 4502 (Rev. 1118)Michigan Education Trust Request to Add/Change AppointeeReset Reissued under Public Act 316 of 1986. Filing is mandatory. PURCHASER
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To fill out the 4502 Michigan Education Trust, follow these steps:
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Begin by entering your personal information, including your name, address, and social security number.
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Provide the necessary information about the beneficiary of the trust, such as their name and date of birth.
04
Specify the type of trust account you wish to establish and the trust rate option.
05
Indicate the payment option you prefer, either lump sum or installment payments.
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Provide any additional information required, such as bank account details for electronic transfers.
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Review the completed form for accuracy and make any necessary corrections.
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Sign and date the form to certify the information provided.
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Submit the form along with any required documentation to the appropriate authority.

Who needs 4502 michigan education trust?

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The 4502 Michigan Education Trust is designed for individuals who want to save for future educational expenses for a beneficiary.
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It is particularly beneficial for parents, grandparents, or anyone who wants to invest in a child's education.
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This trust can be a useful tool for those who want to ensure that funds are available for tuition fees, room and board, textbooks, and other educational expenses.
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By establishing a Michigan Education Trust, individuals can plan ahead and secure their loved ones' educational future.
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The 4502 Michigan Education Trust (MET) is a financial savings program that allows families to pre-purchase future undergraduate tuition at current rates.
Parents or legal guardians who want to save for their child's future college education expenses are required to file the 4502 Michigan Education Trust.
To fill out the 4502 Michigan Education Trust, parents or legal guardians must provide information about the beneficiary, payment plan, and agree to the terms and conditions of the program.
The purpose of the 4502 Michigan Education Trust is to help families save for future college education expenses and secure today's tuition rates for tomorrow's education costs.
The 4502 Michigan Education Trust requires reporting of beneficiary details, payment plan selection, and agreeing to abide by the program's terms and conditions.
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