What Are Transfer on Death (TOD) Accounts for Estate Planning?
https://smartasset.com/estate-planning/tod-account
WEBDec 11, 2023 · What Is a Transfer on Death (TOD) Account? A transfer on death (TOD) account automatically transfers its assets to a named beneficiary when the holder dies For example, if you have a savings account with $100,000 in it and name your son as its beneficiary, that account would transfer to him upon your death.
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