• Retirement Savings

The Importance of TOD & JTWROS Designations

A convenient move that could ward off probate on your accounts.
TOD, JTWROS…what do these obscure acronyms signify? They are shorthand for transfer on death and joint tenancy with right of ownership – two designations that permit automatic transfer of bank or investment accounts from a deceased spouse to a surviving spouse.

This automatic transfer of assets […]

By |May 27th, 2014|Estate Planning, Financial Planning|
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