The Beneficiary Page and associated report serves as a checklist that adds value to your client meeting conversations. You'll be able to clearly show your clients which assets are assigned to a beneficiary and which are not, as well as the values assigned to them. The page is accessed by clicking the Beneficiary option on the household tools menu.

Remember to assign Beneficiaries and contingents on the Details tab of the asset's edit window. Contingents are currently not part of a report but can be documented here. Also remember that the contingent must be a member on the Asset-Map to be designated as a contingent.

Use the Beneficiary selector to assign the primary beneficiaries on the Details tab of a Financial. Assign desired allotment percentages as well.

Choose from the members or entities listed at the top of the page for whom their assets are designated to be distributed to.

The distributable assets are grouped into four categories:

A lighter gray value assumes the spouse is the primary beneficiary.

A black text value indicates the member was specifically selected.

An electronic version of the Beneficiary Checklist can be generated by clicking the PDF icon. It can be included in a comprehensive report or generated independently by checking the Beneficiary options on the Reports page.

Contingent Beneficiaries are not tracked on a report at this time but can be documented within the financial.

4/2024