Designation of Beneficiary Clauses Exemplaires

Designation of Beneficiary. Where applicable legislation permits, you may designate one or more beneficiaries to receive the FHSA Assets or the proceeds from the sale of the FHSA Assets on or after your death. You may make, change or revoke a beneficiary designation by providing us with a written instruction in a form acceptable to us. When the FHSA Assets or the proceeds from the FHSA Assets have been distributed to your designated beneficiary, even though the designation may be invalid as a testamentary instrument, we will be fully discharged of any liability under this Declaration.
Designation of Beneficiary. Subject to applicable law, I designate the named beneficiary(ies) below, who shall receive a percentage, as noted below, of any benefit payable, under my FHSA on my death. If my designated beneficiary(ies) predeceases me and no other beneficiary has been appointed, payment will be made to my estate. I hereby revoke any previous designations and reserve the right to revoke this designation, in writing, at any time. ❒ I elect to appoint my spouse / common-law partner as successor holder upon my death, to acquire all of the Holder's rights as the Holder of the arrangement, and the unconditional right to revoke any beneficiary designation made. Name of spouse / common-law partner , or I designate the following: