Common use of Waiver of Testamentary Account Distributions Clause in Contracts

Waiver of Testamentary Account Distributions. You understand and agree it is your sole responsibility as a busi- ness (and owner) or organization (and not our responsibility) to as- sure the features of the accounts, products and services you have with us, as designated by your representative in our records, accu- rately reflect your personal, domestic, financial, business and es- xxxx planning needs. Matters you may want to consider include, but are not limited to, those created, changed or terminated by mar- riage, children, grandchildren, adoption, separation, divorce, re- marriage, disability, retirement, death or as a result of any agency, power-of-attorney, guardianship, conservatorship, trusts, xxxxx, businesses, corporations, partnership agreements, contracts, in- debtedness, etc. If permitted by applicable state law, you irrevoca- xxx waive your rights to make testamentary dispositions from any account, and do so with the understanding that the features of an account control and supersede any inconsistent testamentary dis- position. It is your responsibility to assure the features of the ac- counts, products and services you have with us accurately reflect and take into consideration your personal, domestic, financial, business and estate planning needs. In addition, you can take ac- tion to start, confirm, maintain, review, change, add or terminate an account, product or service at any time as we allow. Therefore, you irrevocably waive your right to make a testamentary disposition of any account at our Credit Union, both now and in the future. You agree since you are in complete control of the features of the ac- counts with us, and can, as a representative or through a repre- sentative, take action to start, change, add or terminate the ac- counts at any time as we allow, on your death we may rely exclusively on the BSA and our records concerning all matters that affect the accounts, products and services you have with us.

Waiver of Testamentary Account Distributions. You understand and agree it is your sole responsibility as a busi- ness (and owner) or organization (and not our responsibility) to as- sure assure the features of the accounts, products and services you have with us, as designated by your representative in our records, accu- rately accurately reflect your personal, domestic, financial, business and es- xxxx estate planning needs. Matters you may want to consider include, but are not limited to, those created, changed or terminated by mar- riagemarriage, children, grandchildren, adoption, separation, divorce, re- marriageremarriage, disability, retirement, death or as a result of any agency, power-of-attorney, guardianship, conservatorship, trusts, xxxxx, businesses, corporations, partnership agreements, contractscon- tracts, in- debtednessindebtedness, etc. If permitted by applicable state law, you irrevoca- xxx irrevocably waive your rights to make testamentary dispositions from any account, and do so with the understanding that the features fea- tures of an account control and supersede any inconsistent testamentary dis- positiontes- tamentary disposition. It is your responsibility to assure the features fea- tures of the ac- countsaccounts, products and services you have with us accurately reflect and take into consideration your personal, domesticdo- mestic, financial, business and estate planning needs. In addition, you can take ac- tion action to start, confirm, maintain, review, change, add or terminate an account, product or service at any time as we allow. Therefore, you irrevocably waive your right to make a testamentary tes- tamentary disposition of any account at our the Credit Union, both now and in the future. You agree since you are in complete control con- trol of the features of the ac- counts accounts with us, and can, as a representative repre- sentative or through a repre- sentativerepresentative, take action to start, change, add or terminate the ac- counts accounts at any time as we allow, on your death we may rely exclusively on the BSA and our records concerning con- cerning all matters that affect the accounts, products and services you have with us.