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. Aug 11, 2022 &183; 2022. .

. Apr 30, 2022 To designate beneficiaries, you will need the full legal name of the individual.

Review your beneficiary designations regularly and update them as needed based on major life events, such as births, deaths, marriages, and divorces. Confusing designations and wills Many people might think a will is the primary way for determining how someones assets are passed on.

. If you are listing a beneficiary for the first time, your signature is the only one required. If its a business or trust (including charities or churches), well need the business name. .

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If you dont name a beneficiary when one is called for, one of the following could occur The account or policy may have to go through probate. .

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Most importantly, you can feel confident that your loved ones will receive the assets you intend for them to have. .

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You will be given instructions to register if you have not. .

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