The 402540 form (Ameriprise Financial Durable Power of Attorney) can be completed online using FormsPal's free PDF editor. Follow these steps to fill it out correctly:
Step 1: Click the "Get Form" button above to open the document in FormsPal's PDF editor.
Step 2: Complete the Principal Information section with your full legal name, address, and Ameriprise account numbers.
Step 3: Enter your agent's full legal name and contact information. Your agent will manage your Ameriprise accounts on your behalf.
Step 4: Review the powers granted section. This Durable POA authorizes your agent to manage brokerage accounts, IRAs, annuities, and other Ameriprise products.
Step 5: Sign the form before a notary public. Most states require notarization for a valid Durable Power of Attorney. Some may also require witnesses.
Step 6: Click "Done" to save your completed form. Download and submit it to your Ameriprise advisor. See also: Ameriprise Form 402542.
What is a Durable Power of Attorney for Ameriprise?
A Durable Power of Attorney (form 402540) stays valid even if you become mentally incapacitated. This is what sets it apart from a standard POA, which becomes void upon incapacitation.
Who should fill out form 402540?
Anyone with Ameriprise Financial accounts who wants to designate a trusted person to manage those accounts. This includes brokerage accounts, IRAs, and annuity products.
Where do I submit the completed 402540 form?
Mail or deliver the notarized form to your Ameriprise advisor or to Ameriprise Financial Services. Keep a copy for your records.