Get Penn Mutual Pm1174 2014-2025

The Penn Mutual PM1174 is a crucial document for certifying the details of a trust and its trustees. Completing this form accurately ensures that the trust is recognized and can properly manage its assets, including life insurance policies.

Follow the steps to complete the Penn Mutual PM1174 online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by filling in the policy information section. Include the name of the insured individual along with their first name, middle initial, and last name. If there is a joint insured, provide their details as well.
3. Next, enter the policy number associated with the insurance policy.
4. In the trust information section, provide the name of the trust. If applicable, list the names of up to three trustees, including their first name, middle initial, last name, and address which includes street, city, state, and zip code.
5. If there are more than three trustees, make sure to add an additional sheet with the necessary details.
6. Specify the dates related to the trust by filling in the date the trust was signed and the date of the last trust amendment.
7. Indicate the situs of the trust by stating the laws of the state under which the trust is governed.
8. Provide the tax identification number of the trust if different from the insured.
9. Complete the grantor details if the trustee is other than the insured. List up to three grantors, providing their names and relationship to the insured.
10. Address trust details by identifying how many trustees are required to act on behalf of the trust by checking the appropriate box.
11. Indicate whether the trust is revocable or irrevocable by checking the relevant option.
12. Select the relationships of all primary trust beneficiaries by checking all options that apply.
13. Review the trust certification section, ensuring that the trust is in effect and that the trustees have the necessary power to manage the trust affairs.
14. Finally, all trustees must sign and date the form where indicated, ensuring each signature is accompanied by the printed name of the trustee and the date.
15. Once all sections have been completed, users can save changes, download the document, print it, or share it as required.

Complete your Penn Mutual PM1174 form online today for efficient trust management.