Schwab Beneficiary – Fill Out and Use This PDF

The Schwab Designated Beneficiary Plan Application is a crucial form for individuals holding a Schwab One® Brokerage account or Schwab Bank Investor Checking™ account, enabling them to appoint beneficiaries who will receive the assets in these accounts upon the account holder's death. It offers a structured way to ensure assets are passed on according to the account holder's wishes, providing peace of mind and clarity for the future distribution of their assets. For those looking to take a significant step towards estate planning, completing and updating this form as life changes occur is essential.

To ensure your investment and checking accounts align with your estate planning goals, consider filling out the Schwab Designated Beneficiary Plan Application today by clicking the button below.

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Schwab Beneficiary PDF Details

In the realm of financial management and estate planning, designating beneficiaries for one’s financial accounts stands as a critical task, ensuring that assets seamlessly transition to loved ones or designated entities upon the owner’s passing. Charles Schwab & Co., Inc., a acknowledged leader in brokerage and banking services, offers account holders a structured way to assign or update these designations through the Schwab Designated Beneficiary Plan Application. This plan, applicable for both Schwab One® Brokerage accounts and Schwab Bank Investor Checking™ accounts, encapsulates a strategic approach, allowing clients to specify primary and contingent beneficiaries, thereby delineating a clear path for asset distribution after the account holder's demise. Importantly, it overrides the directives of wills or trusts unless otherwise mandated by law, thus necessitating a thorough consideration and consultation with legal advisors. Furthermore, it accommodates the addition of new plans to accounts, modification of existing beneficiary designations, or revocation of the plan, all of which require written communication. The application delineates eligibility criteria, underscoring that only specific account types qualify and highlighting state-specific availability and legal domicile requirements. Additionally, for minor beneficiaries, it proposes options for asset management, including transfers to custodial accounts, underlining the importance of deliberate and informed decision-making. Completing this application not only necessitates an understanding of these provisions but also a contemplation of the legal and financial ramifications, thereby advocating for a proactive engagement with estate planning professionals to ensure that one’s intentions are accurately and effectively realized.

Question	Answer
Form Name	Schwab Beneficiary
Form Length	5 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	1 min 15 sec
Other names	charles schwab designated beneficiary plan, charles schwab beneficiary forms, schwab ira beneficiary change, schwab ira beneficiary form

Form Preview Example

Schwab฀Designated฀Beneﬁciary฀฀

Plan฀Application

www.schwab.com 1-800-435-4000 Page฀1฀of฀5

Important฀Notes฀About฀This฀Form฀

•฀ Use฀this฀form฀to฀establish฀a฀Designated฀Beneﬁciary฀Plan฀(“Plan”)฀for฀your฀Schwab฀One®฀Brokerage฀account,฀add฀the฀Plan฀to฀a฀new฀Schwab฀Bank฀Investor฀ Checking™฀account,฀change฀beneﬁciary(ies)฀on฀an฀existing฀Plan,฀or฀revoke฀an฀existing฀Plan.฀Any฀changes฀or฀revocations฀must฀be฀in฀writing.

•฀ At฀your฀death,฀or฀the฀death฀of฀the฀last฀surviving฀account฀holder,฀assets฀covered฀by฀this฀Plan฀will฀be฀distributed฀to฀the฀beneﬁciary(ies)฀designated฀on฀this฀form฀or฀ in฀subsequent฀revisions฀submitted฀to฀Charles฀Schwab.

•฀ If฀this฀is฀a฀joint฀account,฀the฀surviving฀account฀holder฀has฀the฀right฀to฀revoke฀the฀Plan฀or฀change฀beneﬁciaries฀following฀your฀death.

•฀ Schwab’s฀Designated฀Beneﬁciary฀Plan฀covers฀only฀assets฀in฀the฀Schwab฀One฀account฀and฀Schwab฀Bank฀Investor฀Checking฀account฀designated฀on฀this฀form.฀฀ A฀separate฀Designated฀Beneﬁciary฀Plan฀application฀is฀required฀for฀any฀other฀eligible฀Schwab฀One฀account฀and฀Schwab฀Bank฀Investor฀Checking฀account.

•฀ Subject฀to฀applicable฀law,฀the฀Designated฀Beneﬁciary฀Plan฀will฀generally฀take฀precedence฀over฀any฀estate฀planning฀vehicles฀such฀as฀a฀will฀ or฀trust.฀Please฀consult฀your฀attorney฀or฀other฀estate฀planning฀advisors฀about฀your฀speciﬁc฀situation.

•฀ If฀you฀have฀a฀Schwab฀Access®฀account฀linked฀to฀your฀Schwab฀One฀Brokerage฀account,฀the฀Schwab฀Access฀account฀will฀automatically฀assume฀the฀same฀ beneﬁciary(ies)฀that฀you฀designate฀for฀the฀Schwab฀One฀Brokerage฀account.

Eligibility฀Requirements฀

•฀ The฀account฀must฀be฀a฀Schwab฀One฀Brokerage฀account.฀If฀the฀account฀is฀a฀general฀brokerage฀account,฀you฀will฀need฀to฀upgrade฀the฀account฀to฀a฀Schwab฀One฀ Brokerage฀account.฀Call฀us฀for฀the฀required฀form.

•฀ Your฀account(s)฀must฀be฀registered฀as฀Individual฀or฀Joint฀Tenants฀with฀Rights฀of฀Survivorship,฀or฀Community฀Property฀with฀Rights฀of฀Survivorship฀(not฀applicable฀ for฀Schwab฀Bank฀Investor฀Checking฀accounts),฀if฀you฀reside฀in฀a฀state฀where฀that฀registration฀is฀permitted.฀Before฀changing฀your฀registration฀in฀order฀to฀become฀ eligible฀for฀the฀Plan,฀you฀should฀consult฀your฀attorney฀or฀other฀estate฀planning฀advisors.

•฀ The฀Plan฀is฀not฀available฀in฀New฀York,฀North฀Carolina฀and฀Louisiana.฀If฀your฀primary฀residence฀subsequently฀changes฀to฀a฀state฀where฀the฀Plan฀is฀not฀offered,฀ this฀designation฀will฀no฀longer฀be฀valid.฀Also,฀if฀your฀primary฀residence฀is฀outside฀the฀United฀States,฀your฀account฀is฀not฀eligible฀for฀this฀Plan.

Important฀Notes฀for฀Schwab฀Bank฀Investor฀Checking฀Clients

•฀ If฀you฀have฀a฀Schwab฀Bank฀Investor฀Checking฀account฀linked฀to฀your฀Schwab฀One฀Brokerage฀account,฀the฀Investor฀Checking฀account฀will฀automatically฀assume฀ the฀same฀beneﬁciary(ies)฀that฀you฀designate฀for฀the฀Schwab฀One฀Brokerage฀account.

•฀ This฀application฀to฀Schwab฀Bank฀applies฀only฀to฀the฀Investor฀Checking฀account฀speciﬁed฀in฀Section฀2.฀It฀does฀not฀apply฀to฀any฀other฀accounts฀you฀may฀have฀at฀ Schwab฀Bank.

“Schwab฀One฀Brokerage฀account”฀refers฀to฀your฀account฀with฀Charles฀Schwab฀&฀Co.,฀Inc.฀(“Schwab”),฀a฀registered฀broker-dealer,฀and฀“Schwab฀Bank฀Investor฀ Checking฀account”฀refers฀to฀your฀account฀with฀Charles฀Schwab฀Bank,฀N.A.฀(“Schwab฀Bank”).฀“Designated฀Beneﬁciary฀Plan”฀is฀the฀term฀Schwab฀uses฀to฀refer฀to฀its฀ Plan฀enabling฀clients฀to฀name฀beneﬁciaries฀on฀their฀Schwab฀One฀Brokerage฀accounts฀and฀applies฀to฀Schwab฀One฀Brokerage฀accounts฀with฀a฀linked฀Schwab฀Bank฀ Investor฀Checking฀account.฀Such฀a฀beneﬁciary฀arrangement฀is฀also฀referred฀to฀as฀Transfer฀on฀Death฀(TOD)฀in฀the฀securities฀industry฀and฀Payable฀on฀Death฀(POD)฀ in฀the฀banking฀industry.฀This฀form฀uses฀the฀phrase฀“Designated฀Beneﬁciary฀Plan,”฀but฀the฀result฀for฀your฀accounts฀is฀the฀same฀as฀it฀would฀be฀if฀the฀beneﬁciary฀ arrangement฀was฀referred฀to฀as฀a฀TOD฀provision฀on฀your฀Schwab฀One฀Brokerage฀account฀and฀a฀POD฀provision฀on฀your฀Schwab฀Bank฀Investor฀Checking฀account.

Charles฀Schwab฀&฀Co.,฀Inc.฀and฀Schwab฀Bank฀are฀separate฀but฀afﬁliated฀companies฀and฀wholly฀owned฀subsidiaries฀of฀The฀Charles฀Schwab฀Corporation.฀Brokerage฀ products฀and฀services฀are฀offered฀by฀Charles฀Schwab฀&฀Co.,฀Inc.,฀member฀SIPC,฀and฀are฀not฀FDIC-insured,฀are฀not฀guaranteed฀deposits฀or฀obligations฀of฀Charles฀ Schwab฀Bank,฀N.A.,฀and฀are฀subject฀to฀investment฀risk,฀including฀possible฀loss฀of฀the฀principal฀invested.฀Deposit฀and฀lending฀products฀and฀services฀are฀offered฀by฀ Schwab฀Bank,฀member฀FDIC,฀an฀Equal฀Housing฀Lender.

Non-Deposit฀Investment฀Products:฀Not฀FDIC-Insured฀•฀No฀Bank฀Guarantee฀•฀May฀Lose฀Value฀

Page฀2฀of฀5

1.฀ Indicate฀Action฀(Check฀one฀box฀only.)

฀ Add฀new฀Plan.฀(Check฀this฀box฀and฀complete฀all฀remaining฀sections.)

฀ Add฀Plan฀to฀a฀new฀Investor฀Checking฀account.฀(Check฀this฀box฀and฀complete฀all฀remaining฀sections.)

฀ Change฀beneﬁciaries฀on฀an฀existing฀Plan.฀(Check฀this฀box฀and฀complete฀Sections฀2,฀3,฀4,฀5฀and฀8.)

฀ Revoke฀an฀existing฀Plan.฀(Check฀this฀box฀and฀complete฀Sections฀2฀and฀8.)

2.฀ Account฀Information

We฀respect฀your฀privacy.฀Schwab฀and฀Schwab฀Bank฀may฀use฀the฀information฀you฀provide฀to฀communicate฀with฀you฀and฀provide฀information฀about฀products฀and฀services.฀

Read฀about฀the฀privacy฀policies฀of฀Charles฀Schwab฀&฀Co.,฀Inc.฀at฀www.schwab.com/privacy฀and฀Charles฀Schwab฀Bank,฀N.A.฀at฀www.schwabbank.com/privacy.do.฀

As฀required฀by฀federal฀law,฀we฀will฀use฀the฀information฀you฀provided฀to฀Schwab฀and฀Schwab฀Bank฀to฀verify฀your฀identity.

Account฀Holder(s)฀Name(s)

Legal฀Residence฀Address฀

City฀

State฀

Zip฀Code

Schwab฀One®฀Brokerage

Account฀Number

If฀you฀have฀a฀Schwab฀Access®฀account,฀please฀provide฀your฀account฀number฀if฀it฀is฀associated฀with฀the฀Schwab฀One฀Brokerage฀account฀listed฀above:฀

Schwab฀Access

Account฀Number

If฀you฀have฀a฀Schwab฀Bank฀Investor฀Checking™฀account,฀please฀provide฀your฀account฀number฀if฀it฀is฀linked฀with฀the฀Schwab฀One฀Brokerage฀account฀listed฀above:฀

Schwab฀Bank฀Investor

Checking฀Account฀Number

฀ Check฀this฀box฀if฀you฀are฀opening฀a฀new฀Investor฀Checking฀account฀and฀you฀do฀not฀yet฀have฀an฀account฀number.

3.฀ Designate฀Your฀Primary฀Beneﬁciaries

At฀the฀death฀of฀the฀account฀holder฀or,฀in฀the฀case฀of฀a฀joint฀account,฀at฀the฀death฀of฀the฀last฀surviving฀account฀holder,฀all฀of฀the฀assets฀in฀the฀account฀shall฀be฀ transferred฀to฀the฀following฀beneﬁciaries฀who฀survive฀the฀last฀surviving฀account฀holder฀by฀120฀hours.฀Unless฀different฀percentages฀are฀indicated฀below,฀the฀assets฀ in฀the฀account฀shall฀be฀divided฀equally฀among฀the฀beneﬁciaries.฀If฀you฀designate฀more฀than฀one฀beneﬁciary,฀please฀make฀sure฀the฀percentages฀add฀up฀to฀100%.

If฀you฀would฀like฀to฀list฀additional฀primary฀or฀contingent฀beneﬁciaries,฀please฀attach฀the฀information฀to฀this฀form.฀Please฀make฀sure฀that฀you฀clearly฀indicate฀primary฀ beneﬁciaries฀and฀any฀contingent฀beneﬁciaries฀and฀percentages฀they฀are฀to฀receive.

If฀you฀later฀wish฀to฀change฀one฀or฀more฀beneﬁciaries,฀you฀must฀complete฀an฀entirely฀new฀Schwab฀Designated฀Beneﬁciary฀Plan฀Application,฀listing฀all฀beneﬁciaries฀ and฀their฀respective฀percentages.

Designated฀%฀	Social฀Security฀Number฀(or฀Trust’s฀Tax฀ID฀Number)฀			Name฀(or฀Name฀of฀Trust฀and฀Trustees฀and฀Date฀of฀Trust)

Home฀Street฀Address฀(no฀P.O.฀boxes฀please)฀					City฀				State฀	Zip฀Code

Relationship฀			Telephone฀Number฀					Date฀of฀Birth฀(mm/dd/yyyy)
฀			(฀	)

Country(ies)฀of฀Citizenship฀(Must฀list฀all.)฀฀฀฀฀฀฀					Country฀of฀Legal฀Residence฀
฀USA฀฀ ฀Other:฀___________________________฀฀		฀Other:฀___________________________฀			฀	฀USA฀฀฀	฀Other:฀________________________________


Designated฀%฀	Social฀Security฀Number฀(or฀Trust’s฀Tax฀ID฀Number)฀			Name฀(or฀Name฀of฀Trust฀and฀Trustees฀and฀Date฀of฀Trust)

Home฀Street฀Address฀(no฀P.O.฀boxes฀please)฀					City฀				State฀	Zip฀Code

Relationship฀			Telephone฀Number฀					Date฀of฀Birth฀(mm/dd/yyyy)
฀			(฀	)

Country(ies)฀of฀Citizenship฀(Must฀list฀all.)฀฀฀฀฀฀฀					Country฀of฀Legal฀Residence฀
฀USA฀฀ ฀Other:฀___________________________฀฀		฀Other:฀___________________________฀			฀	฀USA฀฀฀	฀Other:฀________________________________


Designated฀%฀	Social฀Security฀Number฀(or฀Trust’s฀Tax฀ID฀Number)฀			Name฀(or฀Name฀of฀Trust฀and฀Trustees฀and฀Date฀of฀Trust)

Home฀Street฀Address฀(no฀P.O.฀boxes฀please)฀					City฀				State฀	Zip฀Code

Relationship฀			Telephone฀Number฀					Date฀of฀Birth฀(mm/dd/yyyy)
฀			(฀	)

Country(ies)฀of฀Citizenship฀(Must฀list฀all.)฀฀฀฀฀฀฀					Country฀of฀Legal฀Residence฀
฀USA฀฀ ฀Other:฀___________________________฀฀		฀Other:฀___________________________฀			฀	฀USA฀฀฀	฀Other:฀________________________________

Page฀3฀of฀5

4.฀ Designate฀Your฀Contingent฀Beneﬁciaries

If฀any฀primary฀beneﬁciary฀listed฀in฀Section฀3฀is฀not฀living฀at฀the฀death฀of฀the฀last฀surviving฀account฀holder,฀or฀does฀not฀survive฀the฀last฀surviving฀account฀holder฀by฀

120฀hours,฀or฀disclaims฀the฀assets,฀that฀beneﬁciary’s฀share฀shall฀pass฀to:

Please฀check฀one:

A.฀ ฀The฀other฀primary฀beneﬁciary(ies)฀pro฀rata฀(proportionate฀to฀the฀designated฀percentages).

B.฀ ฀My฀estate฀and฀go฀through฀probate.

C.฀ ฀The฀following฀contingent฀beneﬁciaries฀proportionate฀to฀the฀designated฀percentages฀indicated฀below.

If฀none฀of฀the฀above฀boxes฀is฀selected,฀and฀my฀primary฀beneﬁciary฀listed฀in฀Section฀3฀is฀not฀living฀at฀the฀death฀of฀the฀last฀surviving฀account฀holder,฀ or฀does฀not฀survive฀the฀last฀surviving฀account฀holder฀by฀120฀hours,฀or฀disclaims฀the฀assets,฀that฀beneﬁciary’s฀share฀shall฀pass฀to฀the฀other฀primary฀ beneﬁciary(ies)฀pro฀rata฀(proportionate฀to฀the฀designated฀percentages).฀

Unless฀different฀percentages฀are฀indicated,฀those฀assets฀shall฀be฀divided฀equally฀among฀the฀contingent฀beneﬁciaries฀below.฀

Designated฀%฀	Social฀Security฀Number฀(or฀Trust’s฀Tax฀ID฀Number)฀			Name฀(or฀Name฀of฀Trust฀and฀Trustees฀and฀Date฀of฀Trust)

Home฀Street฀Address฀(no฀P.O.฀boxes฀please)฀					City฀				State฀	Zip฀Code

Relationship฀			Telephone฀Number฀					Date฀of฀Birth฀(mm/dd/yyyy)
฀			(฀	)

Country(ies)฀of฀Citizenship฀(Must฀list฀all.)฀฀฀฀฀฀฀					Country฀of฀Legal฀Residence฀
฀USA฀฀ ฀Other:฀___________________________฀฀		฀Other:฀___________________________฀			฀	฀USA฀฀฀	฀Other:฀________________________________


Designated฀%฀	Social฀Security฀Number฀(or฀Trust’s฀Tax฀ID฀Number)฀			Name฀(or฀Name฀of฀Trust฀and฀Trustees฀and฀Date฀of฀Trust)

Home฀Street฀Address฀(no฀P.O.฀boxes฀please)฀					City฀				State฀	Zip฀Code

Relationship฀			Telephone฀Number฀					Date฀of฀Birth฀(mm/dd/yyyy)
฀			(฀	)

Country(ies)฀of฀Citizenship฀(Must฀list฀all.)฀฀฀฀฀฀฀					Country฀of฀Legal฀Residence฀
฀USA฀฀ ฀Other:฀___________________________฀฀		฀Other:฀___________________________฀			฀	฀USA฀฀฀	฀Other:฀________________________________


Designated฀%฀	Social฀Security฀Number฀(or฀Trust’s฀Tax฀ID฀Number)฀			Name฀(or฀Name฀of฀Trust฀and฀Trustees฀and฀Date฀of฀Trust)

Home฀Street฀Address฀(no฀P.O.฀boxes฀please)฀					City฀				State฀	Zip฀Code

Relationship฀			Telephone฀Number฀					Date฀of฀Birth฀(mm/dd/yyyy)
฀			(฀	)

Country(ies)฀of฀Citizenship฀(Must฀list฀all.)฀฀฀฀฀฀฀					Country฀of฀Legal฀Residence฀
฀USA฀฀ ฀Other:฀___________________________฀฀		฀Other:฀___________________________฀			฀	฀USA฀฀฀	฀Other:฀________________________________

Should฀all฀designated฀primary฀and฀contingent฀beneﬁciary(ies)฀disclaim฀the฀assets,฀predecease฀the฀account฀holder฀or฀not฀survive฀the฀last฀surviving฀account฀holder฀ by฀120฀hours,฀the฀assets฀will฀be฀distributed฀to฀the฀last฀surviving฀account฀holder’s฀estate.

5.฀ Directions฀for฀Distributions฀of฀Assets฀to฀Minor฀Beneﬁciaries฀

Please฀check฀one:

A.฀ ฀None฀of฀my฀designated฀beneﬁciaries฀is฀a฀minor.

B.฀ ฀฀Please฀transfer฀any฀minor’s฀assets฀to฀a฀custodial฀account฀at฀Charles฀Schwab฀&฀Co.฀(and฀Schwab฀Bank,฀if฀Schwab฀One®฀Brokerage฀account฀is฀linked฀to฀a฀ Schwab฀Bank฀Investor฀Checking฀account),฀managed฀by฀the฀custodian(s)฀designated฀below.฀In฀each฀instance฀that฀the฀assets฀pass฀to฀the฀designated฀cus- todian฀as฀the฀custodian฀for฀the฀designated฀minor,฀the฀assets฀shall฀be฀transferred฀under฀the฀Uniform฀Transfer฀to฀Minors฀Act฀(UTMA)฀or฀the฀Uniform฀Gift฀to฀ Minors฀Act฀(UGMA)฀or฀any฀other฀similar฀statute฀in฀effect฀as฀speciﬁed฀below.

C.฀ ฀฀I฀understand฀and฀accept฀that฀a฀court-appointed฀guardian฀may฀have฀to฀be฀appointed฀to฀manage฀the฀minor’s฀assets฀under฀ongoing฀court฀supervision฀if฀I฀do฀ not฀check฀“B”฀above.

If฀you฀have฀checked฀“B,”฀please฀list฀the฀custodian฀for฀each฀minor฀beneﬁciary.

Name฀of฀Custodian฀	As฀Custodian฀for฀(Name฀of฀Minor฀Beneﬁciary)
฀	Under฀the฀UTMA/UGMA฀laws฀of฀the฀state฀of฀___________________฀until฀age฀_________________฀.

Name฀of฀Custodian฀	As฀Custodian฀for฀(Name฀of฀Minor฀Beneﬁciary)
฀	Under฀the฀UTMA/UGMA฀laws฀of฀the฀state฀of฀___________________฀until฀age฀_________________฀.

Name฀of฀Custodian฀	As฀Custodian฀for฀(Name฀of฀Minor฀Beneﬁciary)
฀	Under฀the฀UTMA/UGMA฀laws฀of฀the฀state฀of฀___________________฀until฀age฀_________________฀.

Name฀of฀Custodian฀	As฀Custodian฀for฀(Name฀of฀Minor฀Beneﬁciary)
฀	Under฀the฀UTMA/UGMA฀laws฀of฀the฀state฀of฀___________________฀until฀age฀_________________฀.

Page฀4฀of฀5

6.฀ Designated฀Beneﬁciary฀Plan฀Terms฀of฀Agreement฀with฀Charles฀Schwab฀&฀Co.,฀Inc.

Please฀read฀this฀section฀carefully฀and฀sign฀in฀Section฀8: class,฀regardless฀of฀the฀class฀before฀or฀after฀the฀date฀

A.฀Amendment฀and฀Account฀Agreement.฀The฀ of฀this฀application.

Designated฀Beneﬁciary฀Plan฀(the฀“Plan”)฀adds฀to,฀but฀ If฀it฀cannot฀be฀determined฀whether฀a฀beneﬁciary฀฀

does฀not฀replace฀any฀of,฀the฀terms฀and฀conditions฀ survived฀the฀account฀holder฀by฀120฀hours,฀the฀beneﬁ-

of฀your฀Schwab฀One®฀or฀Schwab฀Access®฀Account฀ ciary฀will฀be฀deemed฀not฀to฀have฀survived฀that฀period.฀

Agreements฀and฀any฀other฀agreements฀between฀you฀ E.฀Revocation฀and฀Changes฀to฀Beneﬁciary฀ and฀Schwab฀that฀apply฀to฀your฀accounts฀with฀Charles฀ Designations.฀You฀may฀change฀your฀named฀฀

Schwab฀&฀Co.,฀Inc.฀(“Schwab”).฀The฀Plan฀consists฀ beneﬁciaries,฀change฀the฀percentages฀that฀you฀wish฀

of฀the฀Plan฀Application,฀including฀the฀Plan฀Terms฀of฀ to฀distribute,฀or฀revoke฀your฀entire฀Plan฀at฀any฀time.฀

Agreement,฀and฀any฀other฀agreements฀between฀you฀ A฀subsequent฀beneﬁciary฀designation฀automatically฀

and฀Schwab฀that฀apply฀to฀the฀Plan.฀If฀any฀of฀the฀Plan฀ revokes฀a฀prior฀designation฀of฀all฀beneﬁciaries,฀in฀its฀ Terms฀of฀Agreement฀should฀conﬂict฀with฀those฀of฀any฀ entirety,฀when฀it฀becomes฀effective.฀In฀order฀to฀be฀

other฀agreements฀that฀apply฀to฀your฀Schwab฀One฀or฀ effective,฀these฀changes฀must฀be฀made฀in฀writing,฀

Schwab฀Access฀accounts,฀as฀they฀may฀be฀amended฀ signed฀by฀all฀living฀account฀holders฀and฀delivered฀to฀

from฀time฀to฀time,฀the฀Plan฀Terms฀of฀Agreement฀will฀ Schwab฀prior฀to฀the฀account฀holder’s฀death.฀Schwab฀ control.฀Unless฀otherwise฀deﬁned,฀capitalized฀terms฀in฀ will฀not฀honor฀any฀change฀of฀beneﬁciary฀made฀in฀a฀will฀ the฀Plan฀Terms฀of฀Agreement฀have฀the฀same฀meaning฀ or฀trust,฀except฀as฀required฀by฀court฀order฀delivered฀to฀

as฀in฀the฀Schwab฀One฀or฀Schwab฀Access฀Account฀ Schwab.฀

Agreements.

An฀attorney-in-fact,฀guardian,฀conservator฀or฀other฀

B.฀Limited฀Availability.฀Only฀Schwab฀One฀or฀ duly฀authorized฀and฀acting฀representative฀of฀the฀

Schwab฀Access฀accounts฀with฀Individual฀or฀Joint฀ account฀holder฀may฀change฀or฀revoke฀the฀beneﬁciary฀

Tenants฀with฀Rights฀of฀Survivorship฀(or฀Community฀ designation฀only฀if฀speciﬁcally฀authorized฀by฀a฀court฀ Property฀with฀Rights฀of฀Survivorship)฀registrations฀are฀ order฀or฀other฀instrument฀of฀appointment฀delivered฀

eligible฀for฀the฀Plan.฀Accounts฀registered฀as฀Tenants- and฀acceptable฀to฀Schwab. in-Common฀or฀Community฀Property฀without฀Rights฀of฀ Survivorship฀(and฀IRAs฀or฀other฀retirement฀accounts)฀ Changes฀in฀the฀relationship฀between฀the฀account฀

are฀ineligible.฀Your฀primary฀residence฀must฀be฀in฀a฀ holder(s)฀and฀any฀designated฀beneﬁciary,฀including,฀

state฀in฀which฀Schwab฀offers฀the฀Plan.฀By฀enrolling฀ but฀not฀limited฀to,฀subsequent฀marriage,฀dissolution฀฀

in฀the฀Plan,฀you฀represent฀to฀us฀that฀your฀primary฀ of฀marriage,฀remarriage฀or฀adoption,฀will฀not฀automati-

residence฀is฀in฀one฀of฀these฀states.฀You฀understand฀ cally฀add฀or฀revoke฀designations฀of฀beneﬁciaries.฀ that฀the฀Plan฀automatically฀terminates฀at฀any฀time฀you฀ For฀example,฀if฀a฀former฀spouse฀was฀a฀designated฀

no฀longer฀have฀a฀primary฀residence฀in฀a฀state฀that฀ beneﬁciary฀prior฀to฀dissolution฀of฀the฀marriage,฀the฀

allows฀for฀the฀Plan,฀in฀which฀event฀all฀designations฀ former฀spouse฀would฀remain฀a฀beneﬁciary฀after฀

cease฀having฀any฀legal฀effect.฀It฀is฀your฀responsibility฀ the฀dissolution฀unless฀his฀or฀her฀designation฀as฀a฀

to฀notify฀us฀in฀writing฀when฀your฀primary฀residence฀ beneﬁciary฀was฀expressly฀revoked฀in฀writing฀that฀was฀

ceases฀to฀be฀in฀an฀eligible฀state,฀and฀we฀will฀then฀ received฀by฀Schwab.฀

cancel฀your฀enrollment฀in฀the฀Plan.฀If฀you฀reestablish฀ F.฀Payment฀on฀Death.฀Beneﬁciary฀designations฀

a฀primary฀residence฀in฀a฀state฀where฀Schwab฀offers฀ under฀your฀Plan฀will฀not฀be฀effective฀until฀the฀death฀

the฀Plan,฀you฀must฀complete฀a฀new฀Designated฀ of฀the฀last฀surviving฀account฀holder.฀If฀this฀is฀a฀joint฀

Beneﬁciary฀Plan฀Application,฀and฀you฀are฀subject฀ account,฀the฀surviving฀account฀holder฀has฀the฀right฀

to฀new฀set-up฀fees.฀If฀you฀have฀any฀questions฀as฀to฀ to฀revoke฀the฀Plan฀or฀change฀beneﬁciaries฀after฀your฀

whether฀your฀primary฀residence฀is฀in฀a฀state฀where฀ death.฀All฀assets฀in฀your฀Plan฀must฀be฀held฀at฀Schwab฀ Schwab฀offers฀the฀Plan,฀please฀visit฀www.schwab.com฀ in฀order฀to฀be฀distributed฀to฀the฀named฀beneﬁciaries฀

or฀your฀local฀branch,฀or฀call฀1-800-742-6262. at฀the฀last฀surviving฀account฀holder’s฀death.฀Transfers฀

C.฀Plan฀Fees.฀You฀will฀be฀charged฀a฀setup฀fee฀of฀$25฀ to฀a฀beneﬁciary(ies)฀include฀any฀interest,฀earnings,฀

to฀enroll฀in฀the฀Plan.฀After฀the฀last฀account฀holder’s฀ dividends,฀etc.,฀associated฀with฀these฀account฀assets฀

death,฀any฀assets฀in฀the฀account฀that฀are฀transferred฀ but฀not฀paid฀or฀credited฀before฀the฀death฀of฀the฀last฀ out฀of฀Schwab฀in฀certiﬁcate฀form฀will฀be฀assessed฀the฀ surviving฀account฀holder.฀Schwab฀has฀no฀duty฀to฀

fees฀then฀being฀charged฀by฀Schwab฀to฀distribute฀in฀ withhold฀a฀transfer฀based฀on฀knowledge฀of฀an฀adverse฀

certiﬁcate฀form.claim฀unless฀written฀notice฀is฀given฀of฀that฀claim฀that฀ affords฀Schwab฀reasonable฀opportunity฀to฀act฀prior฀

D.฀Designation฀of฀Beneﬁciaries.฀You฀must฀desig- to฀making฀the฀transfer.฀It฀is฀the฀responsibility฀of฀each฀ nate฀your฀beneﬁciaries฀in฀writing฀on฀the฀form฀provided.฀ beneﬁciary฀designated฀under฀the฀Plan฀to฀notify฀Schwab฀ Only฀beneﬁciaries฀identiﬁed฀by฀name฀(including฀trusts)฀ of฀the฀death฀of฀the฀account฀owner฀and฀to฀provide:฀฀ will฀share฀in฀the฀account฀proceeds.฀The฀designation฀of฀ (1)฀a฀completed฀Designated฀Beneﬁciary฀Plan฀

named฀individuals฀who฀may฀be฀in฀the฀same฀class฀as฀ Distribution฀Form;฀(2)฀a฀certiﬁed฀copy฀of฀the฀death฀ other฀individuals฀(e.g.,฀children฀and฀grandchildren)฀will฀ certiﬁcate;฀(3)฀a฀notarized฀Afﬁdavit฀of฀Domicile;฀and฀฀

not฀automatically฀include฀the฀other฀members฀of฀the฀ (4)฀a฀tax฀waiver฀if฀required฀by฀state฀law.฀Furthermore,฀it฀

may฀be฀necessary฀to฀require฀proof฀of฀the฀beneﬁciary’s฀ date฀of฀birth฀or฀relationship฀to฀account฀holder.฀We฀ will฀have฀no฀responsibility฀for฀locating฀designated฀ beneﬁciaries.฀We฀reserve฀the฀right,฀in฀our฀sole฀ discretion,฀to฀require฀additional฀documentation,฀to฀ consult฀counsel,฀and฀to฀institute฀legal฀proceedings฀in฀ order฀to฀determine฀the฀proper฀distribution฀of฀account฀ assets,฀which฀shall฀be฀at฀the฀expense฀of฀the฀account.฀

Schwab฀reserves฀the฀right฀to฀withhold฀a฀certain฀ portion฀of฀the฀proceeds฀payable฀to฀any฀beneﬁciary,฀฀ the฀distribution฀to฀whom฀would฀be฀subject฀to฀tax฀under฀ Chapter฀13฀(Generation-Skipping฀Tax)฀or฀any฀other฀ provision฀of฀the฀Internal฀Revenue฀Code,฀or฀under฀ applicable฀state฀laws.฀

G.฀Suitability฀of฀the฀Plan฀for฀You.฀You฀acknowledge฀ that฀Schwab฀has฀not฀advised,฀nor฀will฀advise,฀you฀ on฀whether฀the฀Plan฀is฀appropriate฀for฀you.฀You฀ acknowledge฀that฀a฀Plan฀is฀a฀substitute฀for฀a฀will,฀ trust฀or฀other฀testamentary฀disposition฀of฀those฀ assets฀subject฀to฀the฀Plan฀designation฀and฀may฀ have฀signiﬁcant฀tax,฀estate฀planning฀or฀other฀legal฀ consequences.฀Schwab฀recommends฀that฀you฀seek฀ advice฀from฀your฀tax฀or฀estate฀planning฀advisor฀prior฀฀ to฀enrolling฀in฀the฀Plan.

You฀further฀acknowledge฀that฀this฀Plan฀does฀not฀ constitute฀a฀trust฀and฀that฀Schwab฀has฀no฀ﬁduciary฀ duty฀as฀a฀trustee฀under฀this฀Plan.฀

H.฀Indemnity.฀Schwab฀shall฀incur฀no฀liability฀for฀ any฀payment฀made฀in฀good฀faith฀pursuant฀to฀the฀ Plan.฀You,฀on฀behalf฀of฀yourself,฀your฀estate฀and฀your฀ successors-in-interest,฀including฀those฀receiving฀ payment฀as฀designated฀beneﬁciaries,฀agree฀to฀ indemnify฀and฀hold฀harmless฀Schwab,฀its฀afﬁliates฀and฀ their฀directors,฀ofﬁcers,฀employees฀and฀agents฀from฀ and฀against฀all฀claims,฀actions,฀costs฀and฀liabilities,฀ including฀attorneys’฀fees,฀arising฀out฀of฀or฀relating฀to:

•฀ your฀failure฀to฀notify฀Schwab฀of฀a฀change฀in฀primary฀ residence฀or฀domicile฀that฀may฀cause฀the฀Plan฀not฀ to฀be฀applicable฀at฀the฀time฀of฀the฀account฀holder’s฀ death;

•฀ any฀conﬂicting฀designations฀of฀the฀assets฀in฀your฀ account฀by฀will,฀revocable฀living฀trust฀or฀any฀other฀ instrument;

•฀ any฀written฀change฀of฀designated฀beneﬁciaries฀ that฀you฀have฀made฀that฀is฀not฀received฀by฀Schwab฀ during฀the฀lifetime฀of฀the฀account฀holder;฀and

•฀ any฀other฀claims฀or฀disputes฀not฀due฀to฀Schwab’s฀ fault฀or฀negligence.

I.฀Governing฀Law.฀The฀Plan฀and฀its฀provisions฀ are฀effective฀immediately฀upon฀the฀execution฀of฀ this฀application฀and฀receipt฀by฀Schwab.฀The฀Plan฀is฀ governed฀by฀California฀law฀and฀applicable฀federal฀law,฀ as฀applied฀to฀contracts฀entered฀into฀and฀completely฀ performed฀within฀California.฀

Page฀5฀of฀5

7.฀ Designated฀Beneﬁciary฀Plan—Investor฀Checking฀Account:฀Terms฀of฀Agreement฀with฀Schwab฀Bank

Throughout฀this฀agreement,฀the฀words฀“you,”฀“your”฀ designations฀will฀remain฀in฀effect฀until฀changed฀or฀

and฀“yours”฀refer฀to฀each฀account฀holder.฀“Schwab฀ cancelled฀by฀you.฀During฀your฀lifetime,฀this฀account฀

Bank,”฀“we,”฀“us”฀and฀“our”฀refer฀to฀Charles฀Schwab฀ belongs฀to฀you.฀You฀may฀close฀the฀account,฀remove฀or฀ Bank,฀N.A.฀Any฀capitalized฀terms฀not฀deﬁned฀in฀these฀ add฀a฀beneﬁciary,฀change฀the฀account฀type฀or฀account฀ Terms฀of฀Agreement฀with฀Schwab฀Bank฀can฀be฀found฀ ownership,฀and฀withdraw฀all฀or฀part฀of฀the฀account฀

in฀your฀Schwab฀Bank฀Deposit฀Account฀Agreement.฀ balance.฀Any฀designation,฀revocation฀or฀change฀to฀

A.฀Amendment฀and฀Account฀Agreement.฀This฀ a฀beneﬁciary฀designation฀must฀be฀authorized฀by฀all฀

“Designated฀Beneﬁciary฀Plan—Investor฀Checking฀ surviving฀account฀holders.฀฀

Account:฀Terms฀of฀Agreement฀with฀Schwab฀Bank”฀ D.฀Payment฀on฀Death.฀Upon฀the฀death฀of฀the฀holder฀ supplements฀and฀is฀part฀of฀the฀Schwab฀Bank฀Deposit฀ or,฀if฀there฀are฀co-holders,฀the฀last฀surviving฀co-

Account฀Agreement,฀which฀includes฀an฀arbitration฀ holder,฀any฀Available฀Funds฀remaining฀in฀the฀Investor฀

provision,฀which฀you฀received฀at฀account฀opening.฀ Checking฀account฀belong฀to฀the฀then-surviving฀(if฀

The฀Designated฀Beneﬁciary฀Plan฀with฀Schwab฀Bank฀ any)฀beneﬁciary(ies),฀subject฀to฀our฀right฀to฀charge฀ (the฀“Bank฀Plan”)฀consists฀of฀the฀Schwab฀Designated฀ the฀account฀for฀any฀amount฀the฀deceased฀holder,฀

Beneﬁciary฀Plan฀Application฀and฀these฀Terms฀of฀ co-holder฀or฀beneﬁciary฀owes฀us.฀A฀beneﬁciary฀will฀

Agreement฀with฀Schwab฀Bank.฀If฀there฀is฀a฀conﬂict฀ acquire฀an฀interest฀in฀the฀Investor฀Checking฀account฀

between฀the฀terms฀in฀the฀Bank฀Plan฀and฀the฀terms฀ only฀after฀the฀death฀of฀all฀account฀holders฀and฀then฀

of฀any฀other฀agreement฀that฀applies฀to฀your฀Investor฀ only฀if฀the฀beneﬁciary(ies)฀is฀(are)฀alive.฀Upon฀your฀

Checking฀account,฀the฀terms฀in฀the฀Bank฀Plan฀shall฀ death,฀the฀Available฀Funds฀in฀your฀Investor฀Checking฀

control.฀account฀listed฀on฀this฀application฀will฀become฀the฀

B.฀Limited฀Availability.฀Only฀Investor฀Checking฀ property฀of,฀and฀payable฀to,฀the฀beneﬁciary(ies)฀

accounts฀with฀Individual฀or฀Joint฀Tenants฀with฀Rights฀ listed฀on฀this฀application฀who฀survive(s)฀the฀last฀ of฀Survivorship฀registrations฀are฀eligible฀for฀the฀Bank฀ surviving฀account฀holder฀by฀120฀hours.฀If฀it฀cannot฀

Plan.฀Other฀registration฀types฀are฀ineligible฀for฀the฀ be฀determined฀whether฀a฀beneﬁciary฀survived฀the฀ Bank฀Plan.฀Your฀primary฀residence฀must฀be฀within฀the฀ account฀holder฀by฀120฀hours,฀the฀beneﬁciary฀will฀be฀ United฀States฀in฀a฀state฀where฀Schwab’s฀Designated฀ deemed฀not฀to฀have฀survived฀that฀period.฀Please฀be฀

Beneﬁciary฀Plan฀is฀offered.฀If฀your฀primary฀residence฀ advised฀that฀surviving฀account฀holders฀may฀change฀

subsequently฀changes฀to฀a฀state฀where฀Schwab’s฀ the฀beneﬁciary(ies)฀at฀any฀time.

Designated฀Beneﬁciary฀Plan฀is฀not฀offered,฀this฀Bank฀ If฀there฀is฀an฀Overdraft฀Credit฀Line฀(OCL)฀associated฀

Plan฀and฀your฀beneﬁciary฀designation฀will฀no฀longer฀ with฀your฀Investor฀Checking฀account,฀we฀may฀use฀

be฀valid.the฀funds฀in฀your฀Investor฀Checking฀account฀(or฀

C.฀Designation฀of฀Beneﬁciaries:฀Revocation฀and฀ other฀accounts฀you฀hold฀at฀Schwab฀Bank)฀to฀pay฀all฀

Changes฀to฀Beneﬁciary฀Designation.฀You฀may฀ amounts฀owing฀on฀your฀OCL฀before฀we฀distribute฀any฀

designate฀your฀Investor฀Checking฀account฀to฀be฀ funds฀to฀the฀beneﬁciary(ies).฀฀

payable฀on฀your฀death฀to฀a฀designated฀beneﬁciary(ies)฀ E.฀Suitability฀for฀You.฀You฀acknowledge฀that฀we฀

by฀naming฀them฀on,฀and฀executing,฀the฀Schwab฀ have฀not฀advised฀you฀on฀whether฀the฀Bank฀Plan฀is฀

Designated฀Beneﬁciary฀Plan฀Application.฀These฀ appropriate฀for฀you.฀You฀acknowledge฀that฀the฀Bank฀

Plan฀may฀have฀signiﬁcant฀tax,฀estate฀planning฀or฀other฀ legal฀consequences.฀We฀recommend฀that฀you฀seek฀ advice฀from฀your฀tax฀or฀estate฀planning฀advisor฀prior฀to฀ enrolling฀in฀the฀Bank฀Plan.฀You฀further฀acknowledge฀ that฀this฀Bank฀Plan฀does฀not฀constitute฀a฀trust฀and฀ that฀Schwab฀Bank฀is฀not฀a฀trustee.฀Furthermore,฀we฀ have฀no฀ﬁduciary฀obligations฀to฀you฀under฀this฀Bank฀ Plan.

F.฀Indemnity.฀We฀shall฀incur฀no฀liability฀for฀any฀ payment฀made฀in฀good฀faith฀under฀this฀Bank฀Plan.฀ You,฀on฀behalf฀of฀yourself,฀your฀estate฀and฀your฀ successors-in-interest,฀including฀those฀receiving฀ payment฀as฀designated฀beneﬁciaries,฀agree฀to฀ indemnify฀and฀hold฀harmless฀Schwab฀Bank,฀its฀ afﬁliates฀and฀their฀directors,฀ofﬁcers,฀employees฀and฀ agents฀from฀and฀against฀all฀claims,฀actions,฀costs฀and฀ liabilities,฀including฀attorneys’฀fees,฀arising฀out฀of฀or฀ relating฀to:

•฀ your฀failure฀to฀notify฀us฀of฀a฀change฀in฀primary฀ residence฀that฀may฀cause฀the฀Bank฀Plan฀not฀to฀be฀ applicable฀at฀the฀time฀of฀any฀account฀holder’s฀death;

•฀ any฀conﬂicting฀designations฀of฀the฀assets฀in฀your฀ Investor฀Checking฀account฀by฀will,฀revocable฀living฀ trust฀or฀any฀other฀instrument;

•฀ any฀written฀change฀of฀designated฀beneﬁciaries฀that฀ you฀have฀made฀that฀is฀not฀received฀by฀us฀during฀ your฀lifetime;฀and

•฀ any฀other฀claims฀or฀disputes฀not฀due฀to฀our฀fault฀or฀ negligence.

G.฀Governing฀Law.฀The฀Bank฀Plan฀and฀its฀provisions฀ are฀effective฀immediately฀upon฀the฀execution฀of฀ this฀application฀and฀receipt฀by฀us.฀These฀Terms฀of฀ Agreement฀with฀Schwab฀Bank฀are฀governed฀by฀ Nevada฀law฀and฀applicable฀federal฀law.

8.฀ Account฀Holder฀Authorization

By฀signing฀below,฀I/we฀request฀Charles฀Schwab฀&฀Co.,฀Inc.฀to฀accept฀the฀beneﬁciary(ies)฀for฀my/our฀accounts,฀as฀speciﬁed฀on฀this฀application฀(or฀to฀revoke฀an฀ existing฀Plan,฀if฀that฀box฀is฀checked฀in฀Section฀1฀of฀this฀application).฀I/we฀acknowledge฀and฀agree฀to฀the฀Designated฀Beneﬁciary฀Plan฀Terms฀of฀Agreement฀with฀ Charles฀Schwab฀&฀Co.,฀Inc.฀

Schwab฀Bank฀Investor฀CheckingTM฀Account:฀If฀I/we฀have฀provided฀an฀account฀number฀for฀an฀Investor฀Checking฀account฀in฀Section฀2฀of฀this฀application฀ (or฀checked฀the฀box฀indicating฀a฀new฀Investor฀Checking฀account),฀I/we฀additionally฀request฀Schwab฀Bank฀to฀accept฀the฀beneﬁciary(ies)฀for฀my/our฀Investor฀ Checking฀account฀as฀speciﬁed฀on฀this฀application฀(or฀to฀revoke฀an฀existing฀Plan,฀if฀that฀box฀is฀checked฀in฀Section฀1฀of฀this฀application).฀I/we฀agree฀to฀the฀ Terms฀of฀Agreement฀with฀Schwab฀Bank฀for฀the฀Designated฀Beneﬁciary฀Plan—Investor฀Checking฀Account.฀I/we฀acknowledge฀that฀I/we฀have฀received฀a฀ copy฀of฀these฀Agreement(s).฀

All฀account฀holders฀must฀sign.

฀ Signature(s)฀
฀ Signature(s)฀		X
฀ Required฀	฀	Account฀Holder’s฀Signature฀	฀	Date
	฀

฀ ฀	฀	X
฀ ฀	฀	Additional฀Account฀Holder’s฀Signature฀	฀	Date

฀FOR฀CHARLES฀SCHWAB฀USE฀ONLY:

Branch฀Ofﬁce฀and฀ Account฀Number

Investor฀Checking฀ Account฀Number

฀

Designated฀Beneﬁciary฀Plan฀Terms฀of฀Agreement฀฀ with฀Charles฀Schwab฀&฀Co.,฀Inc.

These฀terms฀relate฀to฀your฀account฀and฀are฀part฀of฀the฀Account฀Agreement฀between฀each฀account฀holder฀and฀Schwab.฀ Please฀retain฀for฀your฀ﬁles.

A.฀Amendment฀and฀Account฀Agreement.฀The฀	If฀it฀cannot฀be฀determined฀whether฀a฀beneﬁciary฀฀	date฀of฀birth฀or฀relationship฀to฀account฀holder.฀We฀
Designated฀Beneﬁciary฀Plan฀(the฀“Plan”)฀adds฀to,฀but฀	survived฀the฀account฀holder฀by฀120฀hours,฀the฀beneﬁ-	will฀have฀no฀responsibility฀for฀locating฀designated฀
does฀not฀replace฀any฀of,฀the฀terms฀and฀conditions฀	ciary฀will฀be฀deemed฀not฀to฀have฀survived฀that฀period.฀	beneﬁciaries.฀We฀reserve฀the฀right,฀in฀our฀sole฀
of฀your฀Schwab฀One®฀or฀Schwab฀Access®฀Account฀	E.฀Revocation฀and฀Changes฀to฀Beneﬁciary฀	discretion,฀to฀require฀additional฀documentation,฀to฀
Agreements฀and฀any฀other฀agreements฀between฀you฀		consult฀counsel,฀and฀to฀institute฀legal฀proceedings฀in฀
	Designations.฀You฀may฀change฀your฀named฀฀
and฀Schwab฀that฀apply฀to฀your฀accounts฀with฀Charles฀		order฀to฀determine฀the฀proper฀distribution฀of฀account฀
	beneﬁciaries,฀change฀the฀percentages฀that฀you฀wish฀
Schwab฀&฀Co.,฀Inc.฀(“Schwab”).฀The฀Plan฀consists฀		assets,฀which฀shall฀be฀at฀the฀expense฀of฀the฀account.฀
	to฀distribute,฀or฀revoke฀your฀entire฀Plan฀at฀any฀time.฀
of฀the฀Plan฀Application,฀including฀the฀Plan฀Terms฀of฀
	A฀subsequent฀beneﬁciary฀designation฀automatically฀	Schwab฀reserves฀the฀right฀to฀withhold฀a฀certain฀
Agreement,฀and฀any฀other฀agreements฀between฀you฀and฀
	revokes฀a฀prior฀designation฀of฀all฀beneﬁciaries,฀in฀its฀	portion฀of฀the฀proceeds฀payable฀to฀any฀beneﬁciary,฀฀
Schwab฀that฀apply฀to฀the฀Plan.฀If฀any฀of฀the฀Plan฀Terms฀
	entirety,฀when฀it฀becomes฀effective.฀In฀order฀to฀be฀	the฀distribution฀to฀whom฀would฀be฀subject฀to฀tax฀under฀
of฀Agreement฀should฀conﬂict฀with฀those฀of฀any฀other฀
	effective,฀these฀changes฀must฀be฀made฀in฀writing,฀	Chapter฀13฀(Generation-Skipping฀Tax)฀or฀any฀other฀
agreements฀that฀apply฀to฀your฀Schwab฀One฀or฀Schwab฀
	signed฀by฀all฀living฀account฀holders฀and฀delivered฀to฀	provision฀of฀the฀Internal฀Revenue฀Code,฀or฀under฀
Access฀accounts,฀as฀they฀may฀be฀amended฀from฀time฀
	Schwab฀prior฀to฀the฀account฀holder’s฀death.฀Schwab฀	applicable฀state฀laws.฀
to฀time,฀the฀Plan฀Terms฀of฀Agreement฀will฀control.฀
	will฀not฀honor฀any฀change฀of฀beneﬁciary฀made฀in฀a฀will฀	G.฀Suitability฀of฀the฀Plan฀for฀You.฀You฀acknowledge฀
Unless฀otherwise฀deﬁned,฀capitalized฀terms฀in฀the฀Plan฀
	or฀trust,฀except฀as฀required฀by฀court฀order฀delivered฀to฀
		that฀Schwab฀has฀not฀advised,฀nor฀will฀advise,฀you฀
Terms฀of฀Agreement฀have฀the฀same฀meaning฀as฀in฀the฀
	Schwab.฀
		on฀whether฀the฀Plan฀is฀appropriate฀for฀you.฀You฀
Schwab฀One฀or฀Schwab฀Access฀Account฀Agreements.

	An฀attorney-in-fact,฀guardian,฀conservator฀or฀other฀	acknowledge฀that฀a฀Plan฀is฀a฀substitute฀for฀a฀will,฀
B.฀Limited฀Availability.฀Only฀Schwab฀One฀or฀
	duly฀authorized฀and฀acting฀representative฀of฀the฀	trust฀or฀other฀testamentary฀disposition฀of฀those฀
Schwab฀Access฀accounts฀with฀Individual฀or฀Joint฀
	account฀holder฀may฀change฀or฀revoke฀the฀beneﬁciary฀	assets฀subject฀to฀the฀Plan฀designation฀and฀may฀
Tenants฀with฀Rights฀of฀Survivorship฀(or฀Community฀
	designation฀only฀if฀speciﬁcally฀authorized฀by฀a฀court฀	have฀signiﬁcant฀tax,฀estate฀planning฀or฀other฀legal฀
Property฀with฀Rights฀of฀Survivorship)฀registrations฀are฀
	order฀or฀other฀instrument฀of฀appointment฀delivered฀	consequences.฀Schwab฀recommends฀that฀you฀seek฀
eligible฀for฀the฀Plan.฀Accounts฀registered฀as฀Tenants-
	and฀acceptable฀to฀Schwab.	advice฀from฀your฀tax฀or฀estate฀planning฀advisor฀prior฀฀
in-Common฀or฀Community฀Property฀without฀Rights฀of฀
	Changes฀in฀the฀relationship฀between฀the฀account฀	to฀enrolling฀in฀the฀Plan.
Survivorship฀(and฀IRAs฀or฀other฀retirement฀accounts)฀

	holder(s)฀and฀any฀designated฀beneﬁciary,฀including,฀	You฀further฀acknowledge฀that฀this฀Plan฀does฀not฀
are฀ineligible.฀Your฀primary฀residence฀must฀be฀in฀a฀
	but฀not฀limited฀to,฀subsequent฀marriage,฀dissolution฀฀	constitute฀a฀trust฀and฀that฀Schwab฀has฀no฀ﬁduciary฀
state฀in฀which฀Schwab฀offers฀the฀Plan.฀By฀enrolling฀
	of฀marriage,฀remarriage฀or฀adoption,฀will฀not฀automati-	duty฀as฀a฀trustee฀under฀this฀Plan.฀
in฀the฀Plan,฀you฀represent฀to฀us฀that฀your฀primary฀
	cally฀add฀or฀revoke฀designations฀of฀beneﬁciaries.฀
residence฀is฀in฀one฀of฀these฀states.฀You฀understand฀		H.฀Indemnity.฀Schwab฀shall฀incur฀no฀liability฀for฀
	For฀example,฀if฀a฀former฀spouse฀was฀a฀designated฀
that฀the฀Plan฀automatically฀terminates฀at฀any฀time฀you฀		any฀payment฀made฀in฀good฀faith฀pursuant฀to฀the฀
	beneﬁciary฀prior฀to฀dissolution฀of฀the฀marriage,฀the฀
no฀longer฀have฀a฀primary฀residence฀in฀a฀state฀that฀		Plan.฀You,฀on฀behalf฀of฀yourself,฀your฀estate฀and฀your฀
	former฀spouse฀would฀remain฀a฀beneﬁciary฀after฀
allows฀for฀the฀Plan,฀in฀which฀event฀all฀designations฀		successors-in-interest,฀including฀those฀receiving฀
	the฀dissolution฀unless฀his฀or฀her฀designation฀as฀a฀
cease฀having฀any฀legal฀effect.฀It฀is฀your฀responsibility฀		payment฀as฀designated฀beneﬁciaries,฀agree฀to฀
	beneﬁciary฀was฀expressly฀revoked฀in฀writing฀that฀was฀
to฀notify฀us฀in฀writing฀when฀your฀primary฀residence฀		indemnify฀and฀hold฀harmless฀Schwab,฀its฀afﬁliates฀and฀
	received฀by฀Schwab.฀
ceases฀to฀be฀in฀an฀eligible฀state,฀and฀we฀will฀then฀		their฀directors,฀ofﬁcers,฀employees฀and฀agents฀from฀

cancel฀your฀enrollment฀in฀the฀Plan.฀If฀you฀reestablish฀	F.฀Payment฀on฀Death.฀Beneﬁciary฀designations฀	and฀against฀all฀claims,฀actions,฀costs฀and฀liabilities,฀
a฀primary฀residence฀in฀a฀state฀where฀Schwab฀offers฀	under฀your฀Plan฀will฀not฀be฀effective฀until฀the฀death฀	including฀attorneys’฀fees,฀arising฀out฀of฀or฀relating฀to:
the฀Plan,฀you฀must฀complete฀a฀new฀Designated฀	of฀the฀last฀surviving฀account฀holder.฀If฀this฀is฀a฀joint฀	•฀ your฀failure฀to฀notify฀Schwab฀of฀a฀change฀in฀primary฀
Beneﬁciary฀Plan฀Application,฀and฀you฀are฀subject฀	account,฀the฀surviving฀account฀holder฀has฀the฀right฀
		residence฀or฀domicile฀that฀may฀cause฀the฀Plan฀not฀
to฀new฀set-up฀fees.฀If฀you฀have฀any฀questions฀as฀to฀	to฀revoke฀the฀Plan฀or฀change฀beneﬁciaries฀after฀your฀
		to฀be฀applicable฀at฀the฀time฀of฀the฀account฀holder’s฀
whether฀your฀primary฀residence฀is฀in฀a฀state฀where฀	death.฀All฀assets฀in฀your฀Plan฀must฀be฀held฀at฀Schwab฀
		death;
Schwab฀offers฀the฀Plan,฀please฀visit฀www.schwab.com฀	in฀order฀to฀be฀distributed฀to฀the฀named฀beneﬁciaries฀
		•฀ any฀conﬂicting฀designations฀of฀the฀assets฀in฀your฀
or฀your฀local฀branch,฀or฀call฀1-800-742-6262.	at฀the฀last฀surviving฀account฀holder’s฀death.฀Transfers฀
C.฀Plan฀Fees.฀You฀will฀be฀charged฀a฀setup฀fee฀of฀$25฀	to฀a฀beneﬁciary(ies)฀include฀any฀interest,฀earnings,฀	account฀by฀will,฀revocable฀living฀trust฀or฀any฀other฀
		instrument;
	dividends,฀etc.,฀associated฀with฀these฀account฀assets฀
to฀enroll฀in฀the฀Plan.฀After฀the฀last฀account฀holder’s฀

	but฀not฀paid฀or฀credited฀before฀the฀death฀of฀the฀last฀	•฀ any฀written฀change฀of฀designated฀beneﬁciaries฀
death,฀any฀assets฀in฀the฀account฀that฀are฀transferred฀
out฀of฀Schwab฀in฀certiﬁcate฀form฀will฀be฀assessed฀the฀	surviving฀account฀holder.฀Schwab฀has฀no฀duty฀to฀	that฀you฀have฀made฀that฀is฀not฀received฀by฀Schwab฀
fees฀then฀being฀charged฀by฀Schwab฀to฀distribute฀in฀	withhold฀a฀transfer฀based฀on฀knowledge฀of฀an฀adverse฀	during฀the฀lifetime฀of฀the฀account฀holder;฀and
certiﬁcate฀form.	claim฀unless฀written฀notice฀is฀given฀of฀that฀claim฀that฀	•฀ any฀other฀claims฀or฀disputes฀not฀due฀to฀Schwab’s฀
	affords฀Schwab฀reasonable฀opportunity฀to฀act฀prior฀
D.฀Designation฀of฀Beneﬁciaries.฀You฀must฀desig-		fault฀or฀negligence.
	to฀making฀the฀transfer.฀It฀is฀the฀responsibility฀of฀each฀
nate฀your฀beneﬁciaries฀in฀writing฀on฀the฀form฀provided.฀		I.฀Governing฀Law.฀The฀Plan฀and฀its฀provisions฀
	beneﬁciary฀designated฀under฀the฀Plan฀to฀notify฀Schwab฀
Only฀beneﬁciaries฀identiﬁed฀by฀name฀(including฀trusts)฀	of฀the฀death฀of฀the฀account฀owner฀and฀to฀provide:฀฀	are฀effective฀immediately฀upon฀the฀execution฀of฀
will฀share฀in฀the฀account฀proceeds.฀The฀designation฀of฀	(1)฀a฀completed฀Designated฀Beneﬁciary฀Plan฀	this฀application฀and฀receipt฀by฀Schwab.฀The฀Plan฀is฀
named฀individuals฀who฀may฀be฀in฀the฀same฀class฀as฀	Distribution฀Form;฀(2)฀a฀certiﬁed฀copy฀of฀the฀death฀	governed฀by฀California฀law฀and฀applicable฀federal฀law,฀
other฀individuals฀(e.g.,฀children฀and฀grandchildren)฀will฀	certiﬁcate;฀(3)฀a฀notarized฀Afﬁdavit฀of฀Domicile;฀and฀฀	as฀applied฀to฀contracts฀entered฀into฀and฀completely฀
not฀automatically฀include฀the฀other฀members฀of฀the฀	(4)฀a฀tax฀waiver฀if฀required฀by฀state฀law.฀Furthermore,฀it฀	performed฀within฀California.฀
class,฀regardless฀of฀the฀class฀before฀or฀after฀the฀date฀	may฀be฀necessary฀to฀require฀proof฀of฀the฀beneﬁciary’s฀
of฀this฀application.

Designated฀Beneﬁciary฀Plan—฀

Investor฀Checking฀Account฀฀

Terms฀of฀Agreement฀with฀Schwab฀Bank

These฀terms฀relate฀to฀your฀account฀and฀are฀part฀of฀the฀Account฀Agreement฀between฀each฀account฀holder฀and฀Schwab฀ Bank.฀Please฀retain฀for฀your฀ﬁles.

Throughout฀this฀agreement,฀the฀words฀“you,”฀“your”฀and฀	designations฀will฀remain฀in฀effect฀until฀changed฀or฀	Plan฀may฀have฀signiﬁcant฀tax,฀estate฀planning฀or฀other฀
“yours”฀refer฀to฀each฀account฀holder.฀“Schwab฀Bank,”฀	cancelled฀by฀you.฀During฀your฀lifetime,฀this฀account฀	legal฀consequences.฀We฀recommend฀that฀you฀seek฀
“we,”฀“us”฀and฀“our”฀refer฀to฀Charles฀Schwab฀Bank,฀N.A.฀	belongs฀to฀you.฀You฀may฀close฀the฀account,฀remove฀or฀	advice฀from฀your฀tax฀or฀estate฀planning฀advisor฀prior฀to฀
Any฀capitalized฀terms฀not฀deﬁned฀in฀these฀Terms฀of฀	add฀a฀beneﬁciary,฀change฀the฀account฀type฀or฀account฀	enrolling฀in฀the฀Bank฀Plan.฀You฀further฀acknowledge฀
Agreement฀with฀Schwab฀Bank฀can฀be฀found฀in฀your฀	ownership,฀and฀withdraw฀all฀or฀part฀of฀the฀account฀	that฀this฀Bank฀Plan฀does฀not฀constitute฀a฀trust฀and฀
Schwab฀Bank฀Deposit฀Account฀Agreement.฀	balance.฀Any฀designation,฀revocation฀or฀change฀to฀	that฀Schwab฀Bank฀is฀not฀a฀trustee.฀Furthermore,฀we฀
A.฀Amendment฀and฀Account฀Agreement.฀This฀	a฀beneﬁciary฀designation฀must฀be฀authorized฀by฀all฀	have฀no฀ﬁduciary฀obligations฀to฀you฀under฀this฀Bank฀
A.฀Amendment฀and฀Account฀Agreement.฀This฀	surviving฀account฀holders.฀฀	Plan.
“Designated฀Beneﬁciary฀Plan—Investor฀Checking฀	surviving฀account฀holders.฀฀	Plan.
“Designated฀Beneﬁciary฀Plan—Investor฀Checking฀
Account:฀Terms฀of฀Agreement฀with฀Schwab฀Bank”฀	D.฀Payment฀on฀Death.฀Upon฀the฀death฀of฀the฀holder฀	F.฀Indemnity.฀We฀shall฀incur฀no฀liability฀for฀any฀
supplements฀and฀is฀part฀of฀the฀Schwab฀Bank฀Deposit฀	or,฀if฀there฀are฀co-holders,฀the฀last฀surviving฀co-	payment฀made฀in฀good฀faith฀under฀this฀Bank฀Plan.฀
Account฀Agreement,฀which฀includes฀an฀arbitration฀	holder,฀any฀Available฀Funds฀remaining฀in฀the฀Investor฀	You,฀on฀behalf฀of฀yourself,฀your฀estate฀and฀your฀
provision,฀which฀you฀received฀at฀account฀opening.฀	Checking฀account฀belong฀to฀the฀then-surviving฀(if฀	successors-in-interest,฀including฀those฀receiving฀
The฀Designated฀Beneﬁciary฀Plan฀with฀Schwab฀Bank฀	any)฀beneﬁciary(ies),฀subject฀to฀our฀right฀to฀charge฀	payment฀as฀designated฀beneﬁciaries,฀agree฀to฀
(the฀“Bank฀Plan”)฀consists฀of฀the฀Schwab฀Designated฀	the฀account฀for฀any฀amount฀the฀deceased฀holder,฀	indemnify฀and฀hold฀harmless฀Schwab฀Bank,฀its฀
Beneﬁciary฀Plan฀Application฀and฀these฀Terms฀of฀	co-holder฀or฀beneﬁciary฀owes฀us.฀A฀beneﬁciary฀will฀	afﬁliates฀and฀their฀directors,฀ofﬁcers,฀employees฀and฀
Agreement฀with฀Schwab฀Bank.฀If฀there฀is฀a฀conﬂict฀	acquire฀an฀interest฀in฀the฀Investor฀Checking฀account฀	agents฀from฀and฀against฀all฀claims,฀actions,฀costs฀and฀
between฀the฀terms฀in฀the฀Bank฀Plan฀and฀the฀terms฀	only฀after฀the฀death฀of฀all฀account฀holders฀and฀then฀	liabilities,฀including฀attorneys’฀fees,฀arising฀out฀of฀or฀
of฀any฀other฀agreement฀that฀applies฀to฀your฀Investor฀	only฀if฀the฀beneﬁciary(ies)฀is฀(are)฀alive.฀Upon฀your฀	relating฀to:
Checking฀account,฀the฀terms฀in฀the฀Bank฀Plan฀shall฀	death,฀the฀Available฀Funds฀in฀your฀Investor฀Checking฀	•฀ your฀failure฀to฀notify฀us฀of฀a฀change฀in฀primary฀
control.฀	account฀listed฀on฀this฀application฀will฀become฀the฀	•฀ your฀failure฀to฀notify฀us฀of฀a฀change฀in฀primary฀
control.฀	account฀listed฀on฀this฀application฀will฀become฀the฀	residence฀that฀may฀cause฀the฀Bank฀Plan฀not฀to฀be฀
	property฀of,฀and฀payable฀to,฀the฀beneﬁciary(ies)฀	residence฀that฀may฀cause฀the฀Bank฀Plan฀not฀to฀be฀
B.฀Limited฀Availability.฀Only฀Investor฀Checking฀	property฀of,฀and฀payable฀to,฀the฀beneﬁciary(ies)฀	applicable฀at฀the฀time฀of฀any฀account฀holder’s฀death;
B.฀Limited฀Availability.฀Only฀Investor฀Checking฀	listed฀on฀this฀application฀who฀survive(s)฀the฀last฀	applicable฀at฀the฀time฀of฀any฀account฀holder’s฀death;
accounts฀with฀Individual฀or฀Joint฀Tenants฀with฀Rights฀	listed฀on฀this฀application฀who฀survive(s)฀the฀last฀	•฀ any฀conﬂicting฀designations฀of฀the฀assets฀in฀your฀
accounts฀with฀Individual฀or฀Joint฀Tenants฀with฀Rights฀	surviving฀account฀holder฀by฀120฀hours.฀If฀it฀cannot฀
of฀Survivorship฀registrations฀are฀eligible฀for฀the฀Bank฀
		Investor฀Checking฀account฀by฀will,฀revocable฀living฀
	be฀determined฀whether฀a฀beneﬁciary฀survived฀the฀
Plan.฀Other฀registration฀types฀are฀ineligible฀for฀the฀
		trust฀or฀any฀other฀instrument;
	account฀holder฀by฀120฀hours,฀the฀beneﬁciary฀will฀be฀
Bank฀Plan.฀Your฀primary฀residence฀must฀be฀within฀the฀

	deemed฀not฀to฀have฀survived฀that฀period.฀Please฀be฀	•฀ any฀written฀change฀of฀designated฀beneﬁciaries฀that฀
United฀States฀in฀a฀state฀where฀Schwab’s฀Designated฀	deemed฀not฀to฀have฀survived฀that฀period.฀Please฀be฀	•฀ any฀written฀change฀of฀designated฀beneﬁciaries฀that฀
United฀States฀in฀a฀state฀where฀Schwab’s฀Designated฀	advised฀that฀surviving฀account฀holders฀may฀change฀	you฀have฀made฀that฀is฀not฀received฀by฀us฀during฀
Beneﬁciary฀Plan฀is฀offered.฀If฀your฀primary฀residence฀	advised฀that฀surviving฀account฀holders฀may฀change฀	you฀have฀made฀that฀is฀not฀received฀by฀us฀during฀
Beneﬁciary฀Plan฀is฀offered.฀If฀your฀primary฀residence฀	the฀beneﬁciary(ies)฀at฀any฀time.	your฀lifetime;฀and
subsequently฀changes฀to฀a฀state฀where฀Schwab’s฀	the฀beneﬁciary(ies)฀at฀any฀time.	your฀lifetime;฀and
subsequently฀changes฀to฀a฀state฀where฀Schwab’s฀
Designated฀Beneﬁciary฀Plan฀is฀not฀offered,฀this฀Bank฀	If฀there฀is฀an฀Overdraft฀Credit฀Line฀(OCL)฀associated฀	•฀ any฀other฀claims฀or฀disputes฀not฀due฀to฀our฀fault฀or฀
Plan฀and฀your฀beneﬁciary฀designation฀will฀no฀longer฀	with฀your฀Investor฀Checking฀account,฀we฀may฀use฀	negligence.
be฀valid.	the฀funds฀in฀your฀Investor฀Checking฀account฀(or฀	G.฀Governing฀Law.฀The฀Bank฀Plan฀and฀its฀provisions฀
C.฀Designation฀of฀Beneﬁciaries:฀Revocation฀and฀	other฀accounts฀you฀hold฀at฀Schwab฀Bank)฀to฀pay฀all฀	G.฀Governing฀Law.฀The฀Bank฀Plan฀and฀its฀provisions฀
	other฀accounts฀you฀hold฀at฀Schwab฀Bank)฀to฀pay฀all฀	are฀effective฀immediately฀upon฀the฀execution฀of฀
	amounts฀owing฀on฀your฀OCL฀before฀we฀distribute฀any฀	are฀effective฀immediately฀upon฀the฀execution฀of฀
Changes฀to฀Beneﬁciary฀Designation.฀You฀may฀	amounts฀owing฀on฀your฀OCL฀before฀we฀distribute฀any฀	this฀application฀and฀receipt฀by฀us.฀These฀Terms฀of฀
Changes฀to฀Beneﬁciary฀Designation.฀You฀may฀	funds฀to฀the฀beneﬁciary(ies).฀฀	this฀application฀and฀receipt฀by฀us.฀These฀Terms฀of฀
designate฀your฀Investor฀Checking฀account฀to฀be฀	funds฀to฀the฀beneﬁciary(ies).฀฀	Agreement฀with฀Schwab฀Bank฀are฀governed฀by฀
designate฀your฀Investor฀Checking฀account฀to฀be฀		Agreement฀with฀Schwab฀Bank฀are฀governed฀by฀
payable฀on฀your฀death฀to฀a฀designated฀beneﬁciary(ies)฀	E.฀Suitability฀for฀You.฀You฀acknowledge฀that฀we฀	Nevada฀law฀and฀applicable฀federal฀law.
by฀naming฀them฀on,฀and฀executing,฀the฀Schwab฀	have฀not฀advised฀you฀on฀whether฀the฀Bank฀Plan฀is฀
Designated฀Beneﬁciary฀Plan฀Application.฀These฀	appropriate฀for฀you.฀You฀acknowledge฀that฀the฀Bank฀

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entering details in schwab change beneficiary step 1

Write down the demanded particulars in Account, Holder, Name, First AdditionalAccount, Holder, Name, First Middle, Middle, Last, Last, Legal, Street, Address City, State, Zip, Code and Schwa, b, Bank, Account, Number area.

step 2 to filling out schwab change beneficiary

Identify the key data in the Designated, Social, Security, TaxI, D, Number City, State, Zip, Code Relationship, Telephone, Number DateofBirth, mm, dd, yyyy Country, ies, of, Citizenship, Must, list, all USA, Other, Other, Country, of, Legal, Residence USA, and Other field.

Filling in schwab change beneficiary stage 3

Inside the section Designated, Social, Security, TaxI, D, Number City, State, Zip, Code Relationship, Telephone, Number DateofBirth, mm, dd, yyyy Country, ies, of, Citizenship, Must, list, all USA, Other, Other, Country, of, Legal, Residence USA, and Other, place the rights and responsibilities of the parties.

Finishing schwab change beneficiary stage 4

End by analyzing the next sections and completing the pertinent details: Relationship, Telephone, Number DateofBirth, mm, dd, yyyy Country, ies, of, Citizenship, Must, list, all USA, Other, Other, Country, of, Legal, Residence USA, and Other.

Filling out schwab change beneficiary part 5

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