Use This Form If:

• Individuals who serve on the board of directors may need this kit to formalize the adoption of a death benefit plan, ensuring that the corporation provides financial support to the beneficiaries of deceased employees or directors. This is particularly important for companies looking to enhance their employee benefits package.
• Situations requiring a quick decision may arise where the board cannot convene in person. In such cases, this kit allows the board to authorize a death benefit plan through a written consent resolution, streamlining the process and ensuring timely action.
• For those managing a corporation that is expanding its benefits offerings, utilizing this kit can help in drafting the necessary resolutions to adopt a death benefit plan. This ensures compliance with corporate governance standards and provides clarity on the board's intentions.
• When a corporation is restructuring or undergoing changes in leadership, this kit is essential for documenting the board's decisions regarding employee benefits. It helps maintain transparency and provides a clear record of the board's resolutions.
• In instances where a corporation has previously established a death benefit plan but needs to make amendments, this kit offers the necessary templates and guidelines to ensure that any changes are properly documented and authorized by the board.