Estate planning at Nassau Life

Two different paths, two different forms, and both need the trust certification. To name the trust as BENEFICIARY, complete the Designation of Beneficiary form (OL122A) using Nassau's own sample format — "Patrick W Smith Irrevocable Trust Dated October 15, 1995, Richard Jones, Trustee" — and attach the Certification and Acknowledgement of Trust Agreement (OL4132A). To make the trust the OWNER of the contract or policy, complete the Designation of Trust Owner and Beneficiary form (OL2346E), which requires the trust name, trust date, trust tax ID, and a disclosure of whether the grantor, trustee, or any trust beneficiary lives outside the United States. OL2346E states plainly that the change "is not effective unless accompanied by a complete Certification and Acknowledgement of Trust Agreement (OL4132A)." All trustees must sign; a corporate trustee must attach a Corporate Resolution; if you sign in Massachusetts, a disinterested witness signature is required. On OL4132A, an optional checkbox lets you certify that Nassau may accept a single trustee signature for future transactions — without it, every trustee has to sign every time. Forms: https://formmanager2.nfg.com/wp-content/uploads/OL122A.pdf, https://formmanager2.nfg.com/wp-content/uploads/OL2346E.pdf, https://formmanager2.nfg.com/wp-content/uploads/OL4132A.pdf.