LEGAL GUIDE
Written by attorney Kera Murphy Reed | Oct 31, 2016

Expectancy Interest in Transfer on Death Accounts

Q: My father is an assisted living facility and while going through some of his papers, I found that there is a bank account worth about $100,000 in his sole name that I am listed as a transfer on death (TOD) beneficiary. I have 3 other siblings that are not listed as beneficiary on this account.

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