To add a beneficiary to an Ellevest Digital or Premium investment account, please complete this form and return it to Folio Investments in accordance with the instructions listed on the first page.
PART 1: Select Action - Check one option.
PART 2: Client Information - Complete the "Primary Account Owner Information" section .
PART 3: Designate Your Primary Beneficiaries - Answer all questions for each beneficiary you’re adding.
PART 4: Designate Your Contingent Beneficiaries - Complete if you’d like to name a contingent beneficiary in addition to a primary beneficiary.
PART 5: Additional Directions for Distributions of Assets to Minor Beneficiaries - Check one option.
PART 6: Spousal Waiver - You’ll need to ask your spouse to sign this section if you are a married resident of a community property state (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, or Wisconsin) and are not naming your spouse as 100% primary beneficiary.
PART 6: Beneficiary Designation Terms and Conditions - Sign.
Please note that if you're married and live in Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, or Wisconsin, and don't set your spouse as the 100% beneficiary of your IRA, then you'll have to ask your spouse to sign part 4 on page 2 of this form.