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

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

   The transfer-on-death designation allows your assets to bypass the probate process and pass directly to your named beneficiaries upon your death. A TOD account can allow beneficiaries to focus on ...

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

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

   Investment accounts have a transfer on death (TOD) designation. In both cases, these designations transfer your assets to your beneficiaries, so it’s clear who will get the funds in the ...

4. Totten trust - Wikipedia

   en.wikipedia.org/wiki/Totten_trust

   v. t. e. 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.

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

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

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6. 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.

7. Per stirpes - Wikipedia

   en.wikipedia.org/wiki/Per_stirpes

   Per stirpes (/ pɜːr ˈstɜːrpiːz /; "by roots" or "by stock") [1] is a legal term from Latin, used in the law of inheritance and estates. An estate of a decedent is distributed per stirpes if each branch of the family is to receive an equal share of an estate. When an heir in the first generation of a branch predeceased the decedent, the ...

8. 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.

9. Probate - Wikipedia

   en.wikipedia.org/wiki/Probate

   Probate is a process of improvement that proves a will of a deceased person is valid, so their property can in due course be retitled (US terminology) or transferred to beneficiaries of the will. As with any legal proceeding, there are technical aspects to probate administration: [7][8][9][10]