How do I assign a Beneficiary?

ldill
New Community Member

I searched forum and paypal page and didn't find one thing regarding a assignment of beneficiary.  This is very important for my family.

 

Login to Me Too
2 REPLIES 2

pudgecrow
New Community Member

Did you ever receive an answer to your beneficiary question? I also need to know for legal purposes. Thanks!

Login to Me Too

PayPal_Andy
Moderator
Moderator

There is no way to assign a beneficiary, but I completely understand the notion and it is absolutely a good one.  If something should happen and this becomes necessary, we would require documents from the executor of your estate to get any funds out of the account and the account closed up.  Once the funds have been removed the executor could see to the distribution of the balance.

 

You can check out the specific steps required here.

 

Andy

Login to Me Too

Haven't Found your Answer?

It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.