Common use of Death Designation Clause in Contracts

Death Designation. Upon your death, the funds in the account will go to your estate and can be claimed by your legal representative or claimant subject to the terms of this Agreement. You understand

Death Designation. Upon your death, the funds in the account will go to your estate and can be claimed by your legal representative or claimant subject to the terms of this Agreement. You understandunderstand that it is your responsibility (and not ours) to inform your legal representative(s) about your account(s) with us.