Form RS5127 Designation of Beneficiary With Contingent Beneficiaries - New York

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Form RS5127 Designation of Beneficiary With Contingent Beneficiaries - New York

What Is Form RS5127?

This is a legal form that was released by the Office of the New York State Comptroller - a government authority operating within New York. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form RS5127?A: Form RS5127 is a Designation of Beneficiary With Contingent Beneficiaries form for residents of New York.

Q: What is the purpose of Form RS5127?A: The purpose of Form RS5127 is to designate beneficiaries and contingent beneficiaries for certain benefits in case of the policyholder's death.

Q: Who should use Form RS5127?A: Residents of New York who want to designate beneficiaries and contingent beneficiaries for their benefits should use Form RS5127.

Q: What are contingent beneficiaries?A: Contingent beneficiaries are secondary beneficiaries who receive the benefits if the primary beneficiaries have predeceased the policyholder.

Q: Is Form RS5127 legally binding?A: Yes, Form RS5127 is a legally binding document when properly completed and filed.

Q: Can I change my beneficiaries after submitting Form RS5127?A: Yes, you can change your beneficiaries by submitting a new Form RS5127 with updated information.

Q: Do I need to notarize Form RS5127?A: No, Form RS5127 does not require notarization.

Q: What happens if I don't designate beneficiaries using Form RS5127?A: If you don't designate beneficiaries using Form RS5127, the benefits may be paid according to the default provisions of the benefit plan or policy.

Q: Is there a fee to file Form RS5127?A: No, there is no fee to file Form RS5127.

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Form Details:

  • Released on September 1, 2014;
  • The latest edition provided by the Office of the New York State Comptroller;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form RS5127 by clicking the link below or browse more documents and templates provided by the Office of the New York State Comptroller.

Download Form RS5127 Designation of Beneficiary With Contingent Beneficiaries - New York

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