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2. What is transfer on death (TOD) for estate planning? - AOL

   www.aol.com/finance/transfer-death-tod-estate...

   A transfer-on-death account is an arrangement that allows the assets held within a brokerage account or bank account to pass directly to a named beneficiary upon the account holder’s death, thus ...

3. What Exactly Do I Need to Know About Beneficiaries? - AOL

   www.aol.com/exactly-know-beneficiaries-132408610...

   Leaving a beneficiary form blank can also cause problems. If you die and leave an account with no beneficiary, the account may have to go through probate, which can involve costs that reduce the ...

4. Totten trust - Wikipedia

   en.wikipedia.org/wiki/Totten_trust

   The name is derived from Matter of Totten, 179 N.Y. 112 (1904), the case decided by the New York Court of Appeals which established the legality of this practice. Although this method of creating a trust did not meet the formal requirements of trust creation, or the testamentary formalities required to make a valid will, the Court noted that such an arrangement typically involved a small ...

5. Will and testament - Wikipedia

   en.wikipedia.org/wiki/Will_and_testament

   Legatee – beneficiary of personal property under a will, i.e., a person receiving a legacy. Probate – legal process of settling the estate of a deceased person. Residuary estate - the portion of an estate remaining after the payment of expenses and the distribution of specific bequests; this passes to the residuary legatees.

6. This Is Who Should Consider Getting a Transfer on Death (TOD ...

   www.aol.com/finance/transfer-death-tod-deed-2023...

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7. Uniform Simultaneous Death Act - Wikipedia

   en.wikipedia.org/wiki/Uniform_Simultaneous_Death_Act

   The Uniform Simultaneous Death Act is a uniform act enacted in some U.S. states to alleviate the problem of simultaneous death in determining inheritance.. The Act specifies that, if two or more people die within 120 hours of one another, and no will or other document provides for this situation explicitly, each is considered to have predeceased the others.