How to designate beneficiaries at Plynk
Beneficiaries are managed online
Preparing your Plynk investment accounts for estate transfer involves two primary strategies: designating beneficiaries on individual accounts and aligning account ownership with your broader estate plan. Both approaches bypass probate, but they work differently depending on the account type.
The transfer rules at Plynk vary across 4 investment accounts. Below is a breakdown of beneficiary options, trust funding, and which products support each method.
Beneficiary designation is not available for cryptocurrency at Plynk.
What Plynk says about beneficiaries and trusts
Each section is Plynk's own statement, with the document it comes from numbered under Sources.
Which accounts take a beneficiary3
- Investment account
Transfer-on-death registration is available on individual brokerage registrations only. Moving to a state where TOD is not eligible makes the designation invalid.1
On the brokerage account, the transfer-on-death designation may be made per stirpes.1
- IRA
Per stirpes beneficiary designations are not supported on the IRAs.2
- Crypto account
The BitGo crypto account is held outside the DBS brokerage account.1
Who can be named2
How many beneficiaries, and how shares are split
- All accounts
Up to three beneficiaries may be listed on each account.3
What Plynk's agreement says about beneficiaries5
- A designation and a will
The transfer-on-death designation takes precedence over a will, trust or other document, except a court order DBS receives in time to act before the transfer.1
- Joint accounts
Changing the brokerage account to a joint registration terminates the TOD registration as of the re-registration date, and at death the assets are paid to the estate.1
- Divorce
Marriage, divorce, remarriage or adoption does not automatically add or revoke a TOD beneficiary. A former spouse remains a beneficiary until the designation is expressly revoked by a new designation received and accepted by DBS.1
- Changing or revoking a designation
A new designation revokes the prior one when it is signed, delivered to, and accepted by DBS in a form and manner acceptable to DBS.1
- When a designation takes effect
The change takes effect once DBS accepts the designation in a form and manner acceptable to it.1
State requirements Plynk statesLouisiana
- Louisiana
Transfer-on-death registration is not available to Louisiana residents.1
What Plynk says about trust accounts1
- Fees
Moving the whole brokerage account to another firm carries a $75 Full TOA Delivery fee.4
Not in Plynk's published guidance4
- What the owner provides to name a beneficiary
- A beneficiary designation, for cryptocurrency
- A procedure for holding an account in a trust
- Which trust documents it accepts
Sources
Data sourced from Plynk primary sources (12 pages reviewed). How we research.
Download these Plynk instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Plynk primary sources. Bring it to the branch or keep it beside the phone.
Plynk estate support
Plynk service team
Up-to-date information or the latest Form CRS
Website
Estate requests go through general customer service.
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