When the responsible individual designated on a Coverdell Education Savings Account (CESA) dies before the beneficiary (child) reaches the age of majority, the trustee of the CESA must designate a successor.  

In order to designate a successor do the following: 

1. In Xperience > SilverLake > StreamLine Platform Menu > Recall Existing Account from Core. 
2. Click OK.
3. From the Application drop-down menu, select T = Time Deposit.
4. Enter the account number in the Account Number field.
5. Click Tab. The Branch field fills in. 
6. In the Platform Type field click the ellipsis  .
7. Choose *MD MISCELLANEOUS CD DOCUMENTS.
8. Click OK on each screen until you reach the MISCELLANEOUS CESA IRA FORMS screen.
9. In the CESA Designation of Successor field, type Y. 
10. Click OK.
11. Complete sections 1 and 2.
12. Print documents or use eSign to have the responsible individual and witness sign and date section 3. See eSign for more information. Note: The witness cannot be the bank associate performing the tasks for designating successor of the CESA. 
13. The Bank representative must also sign and date the signature of Custodian/Trustee field.
14. Place the CESA Designation of Successor form not submitted through eSign with the daily work for imaging following the Document Imaging Procedures.