Common use of SPOUSAL BENEFICIARY DESIGNATION IN THE EVENT OF DIVORCE Clause in Contracts

SPOUSAL BENEFICIARY DESIGNATION IN THE EVENT OF DIVORCE. In the event of a divorce or legal separation, the Custodian will not automatically remove the former spouse as the designated beneficiary without court appointment. If your life circumstances have changed, we suggest you submit an IRA Beneficiary Designation Form. The current beneficiary designation on file with the Custodian will be deemed valid and in full force until such date as the Custodian receives a signed IRA Beneficiary Designation Form, in good order.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

AutoNDA by SimpleDocs

SPOUSAL BENEFICIARY DESIGNATION IN THE EVENT OF DIVORCE. In the event of a divorce or legal separation, the Custodian will not automatically remove the former spouse as the designated beneficiary without court appointment. If your life circumstances have changed, we suggest you submit an IRA Beneficiary Designation Form. The current beneficiary designation on file with the Custodian will be deemed valid and in full force until such date as the Custodian receives a signed IRA Beneficiary Designation D esignation Form, in good order.

Appears in 1 contract

Samples: Account Agreement

SPOUSAL BENEFICIARY DESIGNATION IN THE EVENT OF DIVORCE. In the event of a divorce or legal separation, the Custodian will not automatically remove the former spouse as the designated beneficiary without court appointment. If your life circumstances have changed, we suggest you submit an IRA Beneficiary Designation Form. The current beneficiary designation on file with the Custodian will be deemed valid and in full force until such date as the Custodian receives a signed IRA XXX Beneficiary Designation D esignation Form, in good order.

Appears in 1 contract

Samples: Account Agreement

AutoNDA by SimpleDocs

SPOUSAL BENEFICIARY DESIGNATION IN THE EVENT OF DIVORCE. In the event of a divorce or legal separation, the Custodian will not automatically remove the former spouse as the designated beneficiary without court appointment. If your life circumstances have changed, we suggest you submit an IRA XXX Beneficiary Designation Form. The current beneficiary designation on file with the Custodian will be deemed valid and in full force until such date as the Custodian receives a signed IRA XXX Beneficiary Designation Form, in good order.

Appears in 1 contract

Samples: Account Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.