Life and Death Planning for Retirement Benefits

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Appendix B: Forms
Table of Contents
Checklist: Drafting the Beneficiary Designation......................................................................
1. SIMPLE BENEFICIARY DESIGNATION FORM
1.1. Simple Designation: Spouse, Then Issue................................................................
2. MASTER BENEFICIARY DESIGNATION FORMS
2.1. Master Designation: Traditional or Roth IRA ........................................................
2.2. Master Designation Form: Qualified Plan ..............................................................
2.3. Additional Clauses for Master Forms ......................................................................
3. SAMPLE INSERTS FOR MASTER FORMS
3.1. To Spouse, “Disclaimable” to Trust; Different Contingent Beneficiary (Death vs.
Disclaimer)...............................................................................................................
3.2. Spouse Primary Beneficiary; Children Contingent..................................................
3.3. Designating Children (Or Their Issue) ....................................................................
3.4. Trust is Beneficiary, but Only If Spouse Survives .................................................
3.5. To Issue; Hold In Trust If Below Certain Age ........................................................
3.6. Spouse as Primary, Issue as Contingent Beneficiary; Hold in Trust If Below Certain
Age...........................................................................................................................
3.7. Different Benefs. For Roth, Traditional, Accounts..................................................
3.8. Formula Gift with Reference to Outside Fiduciary .................................................
4. TRUST PROVISIONS DEALING WITH BENEFITS
4.1. Administration During Donor’s Life; Irrevocability ...............................................
4.2. Forbidding Payment of Benefits to Nonindividuals ................................................
4.3. Excluding Older Adopted Issue ...............................................................................
4.4. Limitation on Powers of Appointment in Trust .......................................................
4.5. Marital Deduction Savings Language......................................................................
4.6. Establishing a Conduit Trust for One Beneficiary...................................................
4.7. Conduit Trust for Spouse (Marital Deduction) ........................................................
4.8. Conduit Provision Included in “Family Pot” Trust..................................................
4.9. Last Man Standing Trust for Children .....................................................................
4.10. “O/R-2-NLP” Trust (Spouse then Issue) .................................................................
4.11. Definitions Used in Certain Trust Forms.................................................................
5. OTHER FORMS
5.1. Power of Attorney for Retirement Benefits .............................................................
5.2. Will Provision: Formula in Designation Form .......................................................
5.3. Will Provision: Roth IRA Conversions ..................................................................
5.4. Fiduciary Letter Transferring Plan to Beneficiary...................................................
5.5. To Administrator Who Won’t Provide Information ................................................