The Importance of TOD & JTWROS Designations
admin2020-08-03T14:57:30-07:00A 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 [...]