Distributions to charitable beneficiaries.
Provides that an applicant for a certificate of death has a direct interest in a certificate of death if the applicant is a beneficiary of the deceased's individual retirement account, retirement account, brokerage transfer on death account, annuity, or life insurance policy. Provides that if a charitable organization is designated as the beneficiary of an individual retirement account, retirement account, brokerage transfer on death account, annuity, or life insurance policy, a financial institution or insurance company in control of the funds must transfer the funds directly to the charitable organization without requiring certain conditions to be satisfied, if the: (1) charitable organization submits a certain affidavit.
AGENCIES; Department of Financial Institutions (DFI)
AGENCIES; Department of Health (IDOH)
AGENCIES; Department of Insurance (IDOI)
CITIES AND TOWNS; Generally
CIVIL LAW AND PROCEDURE; Liabilities, Damages, and Penalties
COURTS; Municipal Courts
DEATH AND DECEASED; Generally
INSURANCE; Life Insurance
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{# E23 (Nick, ruling section 1 answer 10): quoting a bill or a court opinion works
the way quoting a news article works. Select a passage above and the same panel
opens: the passage goes to the official you choose, with this document's own
address as its source and its own type. #}