Wealth Management Blog | WrapManager

Transfer-on-Death Designations: Understanding the Pros and Cons

Written by Gabriel Burczyk | November 17, 2012

“Transfer-on-death (TOD) designations provide a simple, direct process for transferring assets to named beneficiaries, bypassing the probate process. While this simplicity is attractive, it can also have drawbacks. That’s why it’s important to understand both the pros and cons.”

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