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Asked in NY May 26, 2022 ,  0 answers Visitors: 2

finance

what is a transfer on death [tod] acct. mean?

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Anonymous
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Posted on / Mar. 22, 2008 17:06:00

Re: finance

"Transfer on death" means that upon the death of the account owner the account can be transferred to another person without the need for probate or administration of the decedent's estate.

Good luck.

Rick Bryan

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