Beneficiary Designation Form Template: Primary and Backup

Beneficiary Designation Form Template

Account Owner / Policyholder: [Full Name]
Address: [Address]
City, State, ZIP Code: [City, State, ZIP Code]
Email: [Email Address]
Phone: [Phone Number]

Date: [Date]

Institution / Company Name: [Bank, Insurer, Plan Administrator, or Other]
Account / Policy Number: [Number]
Plan / Policy Type: [Life Insurance / Retirement Account / Investment Account / Other]

1. Owner Information

Full Name: [Full Name]
Date of Birth: [Date of Birth]
Mailing Address: [Address]
Identification Number: [Last 4 digits of SSN / Employee ID / Other, if applicable]

2. Account or Policy Information

Institution or Company Name: [Name]
Account or Policy Number: [Number]
Type of Account or Policy: [Type]
Employer or Plan Name: [If applicable]

3. Primary Beneficiaries

I designate the following as my primary beneficiary or beneficiaries:

Primary Beneficiary 1: [Full Name]
Relationship: [Relationship]
Date of Birth: [Date of Birth]
Address: [Address]
Percentage Share: [__]%

Primary Beneficiary 2: [Full Name]
Relationship: [Relationship]
Date of Birth: [Date of Birth]
Address: [Address]
Percentage Share: [__]%

Primary Beneficiary 3: [Full Name]
Relationship: [Relationship]
Date of Birth: [Date of Birth]
Address: [Address]
Percentage Share: [__]%

Total Primary Beneficiary Shares: [100]%

If more space is needed, attach an additional page.

4. Contingent Beneficiaries

If no primary beneficiary survives me or is eligible to receive the benefit, I designate the following contingent beneficiary or beneficiaries:

Contingent Beneficiary 1: [Full Name]
Relationship: [Relationship]
Date of Birth: [Date of Birth]
Address: [Address]
Percentage Share: [__]%

Contingent Beneficiary 2: [Full Name]
Relationship: [Relationship]
Date of Birth: [Date of Birth]
Address: [Address]
Percentage Share: [__]%

Contingent Beneficiary 3: [Full Name]
Relationship: [Relationship]
Date of Birth: [Date of Birth]
Address: [Address]
Percentage Share: [__]%

Total Contingent Beneficiary Shares: [100]%

5. Distribution Instructions

Unless otherwise stated below, benefits shall be distributed according to the percentage shares listed above.

Special distribution instructions, if any:

[Insert any special instructions allowed by the institution]

6. Minor or Trust Beneficiary Information

If any beneficiary is a minor or a trust, provide additional details below:

Name of Minor, Trust, or Custodian: [Name]
Trust Date or Custodian Information: [Details]
Additional Instructions: [Details]

7. Revocation of Prior Designations

I revoke all prior beneficiary designations related to this account, plan, or policy, except as otherwise required by law or by the governing terms of the institution.

8. Owner Certification

I confirm that the information in this form is true and complete to the best of my knowledge. I understand that this designation is subject to the terms of the applicable policy, plan, account agreement, and any legal requirements that apply.

9. Signature

Owner / Policyholder Signature: __________________________
Name: [Full Name]
Date: [Date]

10. Witness or Notary

Witness Signature: __________________________
Name: [Full Name]
Date: [Date]

Witness Signature: __________________________
Name: [Full Name]
Date: [Date]

Notary, if required:

State of [State]
County of [County]

On this [Day] of [Month], [Year], before me, the undersigned notary public, personally appeared [Name of Signer], known to me or satisfactorily proven to be the person whose name is subscribed to this instrument, and acknowledged that they executed the same for the purposes stated herein.

Notary Public Signature: __________________________
Name: [Notary Name]
My Commission Expires: [Date]