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Frequently Asked Questions

How do I designate my beneficiary?

Frequently Asked Questions About Henrico County
The beneficiary for your optional insurance is the same as that for the basic VRS group coverage. You are the beneficiary for the optional insurance on your spouse and your children.
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Army.com - SGLI FAQ
You may designate any person, firm, corporation or legal entity (including your own estate individually or as a trustee) as principal or contingent beneficiary. Þ Note: State divorce decrees, separation agreements or other state court or municipal court documents are not binding on the determination of a beneficiary. Your right to name and change the beneficiary is absolute.
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UATP Travel Protection Plans - Frequently Asked Questions
It is not necessary to designate a beneficiary. However, should you wish to do so, please forward the following details in writing to BerkelyCare, 159 E. County Line Road, Hatboro, PA 19040: full name of the insured, phone number, street address; program name and UATP membership number; name(s) of beneficiary(ies); if multiple beneficiaries, percentage per beneficiary; and signature of the insured.
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FAQ - HSBC in Hong Kong
The beneficiary is defaulted as your own estate at time of policy issuance. If you want to designate a beneficiary, please submit your written request to us.
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Whom can I designate as a beneficiary?

Wachovia | Retirement Services FAQ
You can designate anyone as the individual who will receive benefits from the retirement plan when you die.  However, if you are married and name someone other than your spouse, your spouse must give his or her consent by signing the Beneficiary Designation form in the presence of a notary public.  If you do not designate a beneficiary or your beneficiary dies before you do, your beneficiary will be your spouse.
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Can I designate a beneficiary of University benefits?

FAQ
The University provides employees with fringe benefits. Generally, benefits relate to retirement, health insurance, disability insurance, and life insurance. For retirement and life insurance, an employee may designate one or more beneficiaries to receive a benefit in the event of the employee’s death. An employee can change a beneficiary designation at any time.
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How do I designate a beneficiary to receive my residuals in the event of my death?

faq's
Contact the Estates/Trusts Desk of the Residuals department at (323) 782-4700, ext. 4 and request a Designation of Beneficiary for Disbursement of Residuals card or obtain the card online. Fill out the form and send it to the Writers Guild of America, West in care of the Estates/Trust Desk. The card does not need to be notarized unless you are currently married and are nominating someone other than, or in addition to, your spouse as your beneficiary.
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Can I designate someone other then my spouse as my beneficiary on my 401(k) account?

Freedom One Financial
If you are married your spouse must be listed as the beneficiary on your account unless they sign a form waiving their right. Because the 401(k) is considered a marital asset your spouse is automatically the beneficiary, if you wish to list somebody other then your spouse as the beneficiary they must waive their right to the benefit.
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Should I Designate My Beneficiary(ies)?

San Diego Estate Planning, Medi-Cal & Probate Legal Services
You may avoid probate on the transfer of some assets at your death through the use of beneficiary designations. Laws regarding what assets may be transferred without probate (non-probate transfer laws) vary from state to state. Some common examples include life insurance death benefits and bank accounts.
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Can I designate a beneficiary when I retire?

Southern Nevada Culinary & Bartenders Pension Plan - Frequen...
Upon retirement, if you are married, your spouse will automatically be your beneficiary for benefits that may be payable should you die after you have begun receiving pension payments.
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Will the automatically enrolled employee need to designate a beneficiary on their account?

Freedom One Financial
The default beneficiary for a married participant is their spouse. If there are any auto enrolled participants that are not married they will need to fill out a beneficiary form. Married participants that would like to designate someone other than their spouse as a beneficiary can also fill out a beneficiary form. They can call Freedom One Client Services at 248-620-8100 to request the form.
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Can I name my minor child as my beneficiary? Why should I designate a Trustee?

Benefits FAQs - UBC Human Resources
Minor children may be named as beneficiaries, however, while your children are legally considered minors, you must also appoint a Trustee. In the event of your death, your children may have to wait until age 19 before the life insurance funds can be released if no trustee has been appointed. To enroll in the Optional Life Insurance plan, complete an application form (for faculty form, click here and for staff form, click here).
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How do I designate a beneficiary for the life insurance benefit?

New Rochelle Fuse
The Welfare Fund life insurance benefit is $50,000. You must designate a beneficiary for this benefit. You may change your beneficiary at any time. Beneficiary Designation Cards are available at the FUSE office.
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How do I designate a beneficiary for my Travel Accident insurance?

Diners Club - FAQs for Personal Cardmembers
Beneficiary designations, and changes thereto, must be made in writing. Click here (pdf) to access the Designation of Beneficiary Form, print it, complete it in its entirety and mail to: Diners Club, Air Travel Accident Insurance, C/o Chubb Insurance Company of Canada, One Financial Place, 1 Adelaide Street East, Suite 1600, Toronto, Ontario, M5C 2V9.
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How do I designate my fund as the beneficiary of my RRSPs/RRIFs?

SickKids Foundation - More Ways to Give
Making a gift of RRSPs/RRIFs is easy to do. You simply change the beneficiary information on the plan document and advise the institution holding your retirement account of the change. We strongly suggest that you seek legal and tax counsel to review your situation before making any changes to your estate plans. Upon request, SickKids Charitable Giving Fund can introduce you to a qualified professional from our SickKids Legacy Advisors program.
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Can I designate a trust as my beneficiary?

FAQ (Frequently Asked Questions) | Navy Mutual Aid Associati...
Yes, a trust may be named as the beneficiary. To name the trust as a beneficiary, please enter the full name and Tax ID number of the trust in the beneficiary section of your application or Change of Beneficiary Form.
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How do I designate a beneficiary for my HSA?

Alcoa: Choices: FAQs: Frequently Asked Questions: Medical: H...
You should choose a beneficiary when you set up your ACS/Mellon account by completing a Master Signature Card. And as circumstances in your life change, be sure to review your beneficiary designation. You can change your beneficiary by completing a new signature card.
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How do I designate or re-designate a tuition gift certificate beneficiary?

Calvin College - Planning Ahead - The Tuition Gift Certifica...
When someone purchases a certificate, a beneficiary must be designated. The purchaser may, at any time before the certificate expires, re-designate the beneficiary of all or some of the certificate units. This can be done by contacting the Calvin College Financial Services Office. If the beneficiary of the certificate is re-designated, the expiration date will be adjusted according to the new beneficiary’s age.
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Can I designate my estate or a trust as a beneficiary of my 401k plan?

FAQ
An estate cannot be a designated beneficiary of a 401k plan. [Treas. Reg. 1.401(a) (9)-4 Q&A 3]. A trust itself cannot be a designated beneficiary, but individuals who are beneficiaries of the trust are treated as designated beneficiaries if the trust meets the following requirements:
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How do I designate a beneficiary to receive payments in the event of my death?

Public FAQ
If you are a member you can complete the beneficiary form that is available on-line, otherwise contact Donna-Marie Henry (ex. 9425) to obtain the beneficiary form, fill it out, and return it to the SRSPF. (back to top)
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Do I have to designate a beneficiary for Death Benefits that may be payable before I retire?

Southern Nevada Culinary & Bartenders Pension Plan - Frequen...
No. Death Benefits payable before retirement are the Qualified Pre-Retirement Survivor Annuity or the Pre-Retirement Death Benefit. The Qualified Pre-Retirement Survivor Annuity is automatically paid to your spouse, if you have one. The Pre-Retirement Death Benefit is automatically paid to your spouse or, if you are not married, to your estate.
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Can I designate more than one beneficiary for Basic Life, Optional Life, and AD&D?

ERACPeople - Enrollment Questions
Yes, more than one person may be selected as your beneficiary. However, you must designate the same beneficiary(ies) for Basic Life, Optional Life and AD&D. Basic Life/Optional Life/AD&D Beneficiary Designation Form (PDF)
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How do my organization's business travellers designate a beneficiary for Travel Accident Insurance?

Diners Club
Your organization's business travellers may designate a beneficiary via our Beneficiary Designation Form in the Corporate Cardmember section of this Web site. Beneficiary Designation Forms may also be requested by calling Diners Club Customer Service at 1 800 363-3333. For questions about how to file a claim, please contact Diners Club Customer Service at 1 800 363-3333 or from outside Canada and the U.S., call collect: (416) 369-6313.
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Is an IRA owner required to designate a beneficiary(ies) when establishing his/her IRA?

Security Savings Bank - Frequently Asked Questions
No. The advantage of naming a beneficiary(ies) is that upon death the IRA assets go directly to the beneficiary(ies) without going through probate. The IRA assets may become part of the probate process if the IRA owner does not name a beneficiary(ies).
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How do my client's business travelers designate a beneficiary for Flight Coverage Plus?

Diners Club
Please call 1 800 627.4678 to designate a beneficiary. If a beneficiary is not selected, benefits will be paid in the following order: spouse, children, parents, siblings, and estate.
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How do I set up a designate?

Information Technology Services: Sundial
In order for someone to act as your designate, you will have to give that person Designate access rights. Steps are as follows: Click on the green check button (if you don't know the person name, click on the magnifying glass to search for the person). You can then check "Full designate rights", "No designate rights". You can also uncheck both "Full designate rights" and "No designate rights" to configure your customized set of designate rights.
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