Burner Prudenti Law, P.C.’s Post

A Transfer on Death (TOD) can be a powerful tool, but they should be part of a comprehensive estate plan to ensure everything aligns as intended. TOD accounts can be a smart way to avoid probate and streamline estate planning, especially for smaller estates. However, there's a potential downside: if beneficiaries aren't aware of all TOD accounts, they could go unclaimed. It's crucial to keep a record of TOD accounts and share it with your estate executor to avoid confusion later. #tod #transferondeath #estateplanning #estateplan #legacy #legacyplanning #assetprotection #estates #estateadministration #planningahead #executor #benficiaries

Advantages And Disadvantages Of Using TOD Accounts To Avoid Probate

Advantages And Disadvantages Of Using TOD Accounts To Avoid Probate

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