A transfer on death deed (“TODD”) is a document that an owner of real property can use to name someone, called a “beneficiary,” who will take the property when the owner dies. A TODD allows the owner to transfer real property at his or her death without having to go...
A beneficiary designation is when you name a specific person to receive your assets when you pass away. Retirement accounts, annuities, life insurance, pay on death accounts, all require beneficiary designations. You make these designations outside of traditional...
