Series 24: 3.2.1.1. Transfer On Death (TOD) Accounts

Taken from our Series 24 Online Guide

3.2.1.1. Transfer on Death (TOD) Accounts

A TOD account is a type of individual account in which the assets pass to the named beneficiaries upon the individual’s death, without having to go through probate. The account holder can divide the assets as he wishes among beneficiaries by designating the percentage that each beneficiary sho

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