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The Transfer on Death DeedHuffPost Form

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what is a transfer on death designation for financial accounts and how can that assist you in your estate planning my name is Michael pevney I am an estate planning lawyer I practice in Southern California and I help people all over the state set up estate plans you can set up a time to meet with me for free by going to the comments section and going to my website OC estate plan lawyer.com so this is what a transfer on death benefici or designation is for pretty much every Financial account that you have and so here I'm talking about checking accounts savings accounts CDs non-retirement investment accounts retirement investment accounts and uh even retirement accounts like a 401k or an IRA essentially what that means is this money this account will transfer directly to the person that you designate on this form when you set up the account or later on as you own the account when you pass away and so essentially what that means is you present your beneficiary presents pretty much

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