If a participant completes or has completed a beneficiary designation form in which the participant designates his spouse as the beneficiary and the participant and such spouse are legally divorced subsequent to the date of such designation; then, the designation shall be administered as if such spouse had predeceased the participant unless the participant, subsequent to the legal divorce, reaffirms the designation by completing a new beneficiary designation form.
If a participant completes or has completed a beneficiary designation form in which the participant designates his spouse as the beneficiary and the participant and such spouse are legally divorced subsequent to the date of such designation; then, the designation shall be administered as if such spouse had predeceased the participant unless the participant, subsequent to the legal divorce, reaffirms the designation by completing a new beneficiary designation form.and duly filing or otherwise recording it with the plan administrator.
If a participant completes or has completed a beneficiary designation form in which the participant designates his spouse as the beneficiary and the participant and such spouse are legally divorced subsequent to the date of such designation; then, the designation shall be administered as if such spouse had predeceased the participant unless the participant, subsequent to the legal divorce, reaffirms the designation by completing a new beneficiary designation form.and duly filing or otherwise recording it with the plan administrator.
IfThe submission of a participant completesnew Beneficiary designation shall cancel all prior Beneficiary designations. Any finalized divorce or has completedmarriage of a beneficiary designation form in which the participant designates his spouse as the beneficiary and the participant and such spouse are legally divorcedParticipant subsequent to the date of such designation; then, thea Beneficiary designation shall revoke such designation, unless in the case of divorce the previous Spouse was not designated as Beneficiary and unless in the case of marriage the Participant's new Spouse has previously been designated as Beneficiary. The Spouse of a married Participant shall consent to any designation of a Beneficiary other than the Spouse, and the Spouse's consent shall be administered as if such spouse had predeceased the participant unless the participant, subsequent to the legal divorce, reaffirms the designationwitnessed by completing a new beneficiary designation form.notary public.
IfThe submission of a participant completesnew Beneficiary designation shall cancel all prior Beneficiary designations. Any finalized divorce or has completedmarriage of a beneficiary designation form in which the participant designates his spouse as the beneficiary and the participant and such spouse are legally divorcedParticipant subsequent to the date of such designation; then, thea Beneficiary designation shall be administeredrevoke such designation, unless in the case of divorce the previous spouse was not designated as if suchBeneficiary and unless in the case of marriage the Participant's new spouse had predeceased the participant unless the participant, subsequent to the legal divorce, reaffirms the designation by completinghas previously been designated as Beneficiary. The spouse of a new beneficiary designation form.married Participant shall
If the Participant designates as a participant completes or has completed a beneficiary designation form in whichBeneficiary the participant designates hisperson who is the Participant’s spouse as the beneficiary and the participant and such spouse are legally divorced subsequent toon the date of the designation, either by name or by relationship, or both, the dissolution, annulment or other legal termination of the marriage between the Participant and such designation; then,person shall automatically revoke such designation. The foregoing shall not prevent the designation shall be administeredParticipant from designating a former spouse as if such spouse had predeceaseda beneficiary on a form that is both executed by the participant unlessParticipant and received by the participant, subsequent toPlan Administrator # after the date of the legal divorce, reaffirmstermination of the designation by completing a new beneficiary designation form.marriage between the Participant and such former spouse and # during the Participant’s lifetime.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.