Common use of Per Stirpes Beneficiary Designations Clause in Contracts

Per Stirpes Beneficiary Designations. The Custodian shall accept as complete and accurate all written instructions provided in good order by the estate/executor with regard to the identification of the beneficiaries and the allocations thereto. Community Property Spousal Consent Note: Consent of the Participant’s spouse may be required in a community property or marital property state to effectively designate a beneficiary other than, or in addition to, the Participant’s spouse.

Per Stirpes Beneficiary Designations. The Custodian shall accept as complete and accurate all written instructions provided in good order by the estate/executor with regard regards to the identification of the beneficiaries and the allocations thereto. Community Property Spousal Consent NoteConsent: Consent of the Participant’s spouse may be required in a community property or marital property state to effectively designate a beneficiary other than, or in addition to, the Participant’s spouse.