How do I mark an individual as a joint owner or designated beneficiary?
If you want the system to recognize that the asset is falling outside of the estate, you must drag and drop it in the "Joint/Designated Assets" section in a scenario.
- Click the “Joint/Designated Assets” bar to reveal more details.
- Select “+Add beneficiary/owner”, then click “Specify beneficiaries” and choose the name of the joint owner/designated beneficiary from the drop down list.
- Click the green check mark on the right to save your changes.
- Drag and drop any assets that are joint with or designated to that individual to the "Drop assets here" box.
Note: If you have assets that are joint with or designated to another individual, click "+Add beneficiary/owner" to add them and then drag and drop these assets to the "Drop assets here" box under their name.
How do I show an asset is designated to more than one beneficiary?
- Click the “Specify Beneficiaries” box and select your first beneficiary from the drop down list.
- Click in the box beside the first beneficiary’s name and select your second beneficiary from the list.
- Continue to do this until you have specified all beneficiaries and click the green check mark to save.
- Select the asset that is designated to this group of beneficiaries and drag it to the "Drop assets here" box under their names.
Why won’t the asset save when I drag it over to the joint/designated assets section?
You will need to add a beneficiary before you can drag the asset over to the joint/designated asset section. Unlike the initial gifts section, the joint/designated asset section requires you to add a beneficiary before dragging and dropping the asset in the category.
Check out the video below to see how to add joint/designated beneficiaries: