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Motor Vehicle Administration
6601 Ritchie Highway, N.E.
Glen Burnie, Maryland 21062VR471 (1214)Beneficiary Designation For Vehicle Titles Instructions on Reverse
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How to fill out vr 471 beneficiary designation
How to fill out vr 471 beneficiary designation
01
Gather the necessary information of the beneficiary such as full name, address, date of birth, and relationship to the account holder
02
Complete the beneficiary section of the VR 471 form accurately and legibly
03
Sign and date the beneficiary designation section of the form
04
Submit the completed VR 471 form to the relevant financial institution or plan administrator
Who needs vr 471 beneficiary designation?
01
Individuals who have a retirement account or life insurance policy and wish to designate a beneficiary to receive the funds upon their death
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What is vr 471 beneficiary designation?
VR 471 beneficiary designation is a form used to designate beneficiaries for certain retirement accounts.
Who is required to file vr 471 beneficiary designation?
Any individual who has a retirement account and wishes to designate beneficiaries for that account is required to file VR 471 beneficiary designation.
How to fill out vr 471 beneficiary designation?
To fill out VR 471 beneficiary designation, you will need to provide information about yourself as the account holder and information about the beneficiaries you wish to designate.
What is the purpose of vr 471 beneficiary designation?
The purpose of VR 471 beneficiary designation is to ensure that in the event of the account holder's death, the assets in the retirement account are distributed according to the account holder's wishes.
What information must be reported on vr 471 beneficiary designation?
Information such as the account holder's name, date of birth, contact information, and the names and relationship of the beneficiaries must be reported on VR 471 beneficiary designation.
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