Series 14: 8.3.1.1. Transfer On Death (TOD) Accounts

Taken from our Series 14 Online Guide

8.3.1.1. 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 should rece

Since you're reading about Series 14: 8.3.1.1. Transfer On Death (TOD) Accounts, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 14
Please Enable Javascript
to view this content!