Transfer-on-Death (TOD) Beneficiary Archives

Avoid Stress: Assign TODs to All Your Vehicles

August 23, 2021October 1, 2018 by Sativa Boatman

Close up of the headlight of a white sporty vehicle parked on a road

It makes sense for you to name a transfer-on-death (TOD) beneficiary for your vehicles. That way, your vehicle can be transferred to the beneficiary quickly and easily, without probate court approval. Beware: the beneficiary inherits any outstanding debts on the vehicle, as well as the vehicle. If you have a Trust, be sure to make … continue reading the entire article

How to Avoid Probate

November 6, 2024September 1, 2015 by Sativa Boatman

You’ve heard it’s a good idea to avoid probate. But do you really know why? Most people have a false sense of security that since they have a will, all of their affairs are in order and won’t involve a court after they pass away. Not true! A last will and testament is only effective … continue reading the entire article