What is spousal consent?

Updated December 14, 2022 21:46

Account owners who are married and live in AK, AZ, CA, ID, LA, NV, NM, TX, WA, or WI are subject to the laws of community property. This requires the account owner to either list their spouse as primary beneficiary with a share of 100%, or obtain written consent from their spouse to list a different or multiple primary beneficiaries.

What is spousal consent?

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