Get Cbc 12870 3

The Cbc 12870 3 form is essential for federal employees wishing to designate a trustee for their group life insurance. This guide will provide you with a clear, step-by-step approach to complete this form accurately and efficiently online.

Follow the steps to successfully fill out the Cbc 12870 3 form.

1. Click ‘Get Form’ button to access the form and open it in an editor.
2. Begin by entering the name of the insured in the designated field. Ensure accuracy as this identifies the policyholder.
3. Input the Social Security Number (SSN) of the insured. This is a critical identifier for your insurance records.
4. State the amount payable under the Federal Employees’ Group Life Insurance Program (referred to as Proceeds), which you are designating to the trustee(s) or successor trustee(s).
5. In the trust agreement section, write the name of the trust agreement along with the date it was executed. This connects your life insurance to the trust.
6. If necessary, provide an alternate payee's name, address, relationship to you, and share of the proceeds in case the appointed trustee(s) cannot serve.
7. Sign the form in the designated area to confirm your request. Only the insured or assignee may sign, and external signatures are not accepted.
8. Enter the date of execution using the format Month, Day, Year. This is important for validating the form.
9. Two witnesses must sign the form. Ensure their signatures and addresses are documented as required, keeping in mind that witnesses cannot be recipients of the proceeds.
10. Complete the receipt by the employing office section by noting the date of receipt, receiving agency, and the person who received the form.
11. Once all fields are filled out, you can save your changes, download, print, or share the completed form as necessary.

Complete your Cbc 12870 3 form online today to ensure proper trustee designation.