Article - How to add a Beneficiary

Entering the Beneficiaries of the Trust Applicant

Liz avatar
Written by Liz
Updated over a week ago

There is an assumption that you are in the process of entering a Trust Applicant and you are on the Trust Applicant page.

Step-by-Step Instructions

Step 1

To add a Beneficiary, you will need to be on the Current Situation tab, Trust Applicants Menu icon.

Step 2

Use the Arrows to select the Number of Beneficiaries associated with the Trust Applicant.

Notice that new fields appear, requiring further information about each Beneficiary.

Step 3

Important Note: A Beneficiary may either be:
 - An Applicant (Person or Company) - an Applicant on this loan application
 - A Related Party (Person or Company) - a 3rd party and NOT an Applicant on this loan application

Click on the Add Data button (+ sign).

Select the appropriate type of Beneficiary and enter the required information. 

Step 4

Once you have successfully added the Beneficiary, you are taken back to the Trust Applicant page.

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