Get the free Beneficiary Designation Form - Utah Retirement Systems

Beneficiary Designation Form Indicate usage below: At time of application, use this form to designate multiple Beneficiaries. After issue, use this form to change the Beneficiary on existing MassMutual

How to fill out beneficiary designation form

How to fill out beneficiary designation form

1. To fill out a beneficiary designation form, follow these steps:
2. Obtain a copy of the form: Contact the financial institution or organization that provided the form, or visit their website to download a copy.
3. Read the instructions: Familiarize yourself with the form's purpose and requirements. Understand the types of beneficiaries you can designate and the information you need to provide.
4. Provide personal details: Fill in your personal information, including your full name, address, and contact information.
5. Specify the beneficiaries: Indicate the full name, relationship, and contact information of each beneficiary. Specify the percentage or amount of the assets you want to allocate to each one.
6. Consider contingencies: If a primary beneficiary predeceases you, provide secondary beneficiaries as backups.
7. Review and sign: Carefully review the form to ensure accuracy. Sign and date the form according to the instructions provided. Some forms may require witnesses or notarization.
8. Submit the form: Once complete, submit the form as instructed. Keep a copy for your records.

Who needs beneficiary designation form?

1. Anyone who wants to determine the beneficiaries of their assets upon their death needs a beneficiary designation form.
2. Common examples include:
3. - Individuals with life insurance policies: They can designate beneficiaries to receive the policy's death benefit.
4. - Retirement account holders: They can allocate their retirement funds to specific individuals or organizations.
5. - Trust creators: They can designate beneficiaries who will receive assets held in a trust upon their passing.
6. - Owners of investment accounts: They can specify beneficiaries who will inherit the investments.
7. - People with pension plans: They can designate beneficiaries to receive pension benefits after their death.
8. It is important to consult with a legal professional or financial advisor when filling out a beneficiary designation form to ensure it aligns with your estate planning goals and adheres to relevant laws.

For pdfFiller’s FAQs

How do I edit beneficiary designation form online?

pdfFiller not only allows you to edit the content of your files but fully rearrange them by changing the number and sequence of pages. Upload your beneficiary designation form to the editor and make any required adjustments in a couple of clicks. The editor enables you to blackout, type, and erase text in PDFs, add images, sticky notes and text boxes, and much more.

Can I edit beneficiary designation form on an iOS device?

Use the pdfFiller app for iOS to make, edit, and share beneficiary designation form from your phone. Apple's store will have it up and running in no time. It's possible to get a free trial and choose a subscription plan that fits your needs.

How do I fill out beneficiary designation form on an Android device?

Use the pdfFiller Android app to finish your beneficiary designation form and other documents on your Android phone. The app has all the features you need to manage your documents, like editing content, eSigning, annotating, sharing files, and more. At any time, as long as there is an internet connection.

What is beneficiary designation form?

Beneficiary designation form is a legal document that allows an individual to specify who will receive their assets upon their death.

Who is required to file beneficiary designation form?

Any individual who wants to designate beneficiaries for their assets, such as retirement accounts or life insurance policies, is required to file a beneficiary designation form.

How to fill out beneficiary designation form?

To fill out a beneficiary designation form, one must provide their personal information, the details of the beneficiaries, and the percentage of the assets each beneficiary will receive.

What is the purpose of beneficiary designation form?

The purpose of beneficiary designation form is to ensure that assets are distributed according to the individual's wishes upon their death.

What information must be reported on beneficiary designation form?

The beneficiary designation form must include the individual's name, contact information, social security number, the details of the beneficiaries, and the percentage of assets each beneficiary will receive.