In recent years the use of TOD (transfer on death) or POD (payable on death) accounts has proliferated, leading many to ask why they should bother working with an attorney to prepare a revocable trust ...
A POD account is a non-qualified bank account with a named beneficiary. These are also available for non-qualified brokerage/investment accounts, but is instead called a TOD or Transfer on Death ...
A POD account is a non-qualified bank account with a named beneficiary. These are also available for non-qualified brokerage/investment accounts, but is instead called a TOD or Transfer on Death ...
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