Advisor Flipbooks

T R A I N I N G GU I D E 14 If you selected an organization, fill in the organization's name and Trust Date, if applicable. If you are creating a new individual or organization, select Create New. This will allow you to add the additional information such as a Taxpayer ID and Date of Birth. Next, select the relationship of spouse or non-spouse and enter the percentage. Primary must have a total percentage of 100%. If you are also using contingent beneficiaries, then your contingent percentage must also equal 100%. Once you have entered all of your information at the bottom, you can select Save and Exit if you have finished or Add Beneficiary to add an additional beneficiary to the account. If you are adding beneficiaries to an IRA account, there are a few changes from the above layout. When entering the clients information in the first section, there is a spot to indicate if the client is married or not. If you select Married, a section will be designated to identify if the primary is the spouse or not. If you indicate that the primary is not the spouse, a section will appear to add the spouse's information so they can confirm that they should not be the primary beneficiary. Note that e-signature is not supported if Spousal Confirmation is required. In this situation, if you'd like to launch e-signature for the application and, if applicable, the transfer form, you must submit the beneficiary form separate from the application. To do so, click Save and Exit, and then on the checklist screen, select Defer next to the IRA Beneficiaries step. You can choose from one of four designation types for the beneficiaries: Standard, Per Stirpes, Per Capita or All My Children.

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