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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. Unlock the Power of a Transfer on Death Deed: How It Works - AOL

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

    A transfer on death deed is quite simple: you just name the person (or persons) who you want to inherit your property after you pass away. Once this document is signed and filed with your local ...

  4. What happens to your bank account after you die? - AOL

    www.aol.com/finance/what-happens-to-bank-account...

    If you are a joint account holder responsible for an account after a death, you might want to move some assets, if you have more than $250,000, to another type of bank account or a new bank.

  5. Totten trust - Wikipedia

    en.wikipedia.org/wiki/Totten_trust

    A Totten trust (also referred to as a "Payable on Death" account) is a form of trust in the United States in which one party (the settlor or "grantor" of the trust) places money in a bank account or security with instructions that upon the settlor's death, whatever is in that account will pass to a named beneficiary. For example, a Totten trust ...

  6. Probate - Wikipedia

    en.wikipedia.org/wiki/Probate

    For example, life insurance and retirement accounts with properly completed beneficiary designations should avoid probate, as will most bank accounts titled jointly or made payable on death. [33] Some states have procedures that allow for the transfer of assets from small estates through affidavit or through a simplified probate process.

  7. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    Estate planning may involve a will, trusts, beneficiary designations, powers of appointment, property ownership (for example, joint tenancy with rights of survivorship, tenancy in common, tenancy by the entirety), gifts, and powers of attorney (specifically a durable financial power of attorney and a durable medical power of attorney).

  8. Gift (law) - Wikipedia

    en.wikipedia.org/wiki/Gift_(law)

    A gift, in the law of property, is the voluntary and immediate transfer of property from one person (the donor or grantor) to another (the donee or grantee) without consideration. There are several type of gifts in property law, most notably inter vivos gifts which are made in the donor's lifetime and causa mortis (deathbed) gifts which are ...

  9. How a Transfer on Death Deed Works - AOL

    www.aol.com/news/transfer-death-deed-works...

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    related to: california transfer deed upon death form for bank accounts