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Pay-on-Death Designations

Navigation:  Home > Probate, Trusts, and Estate Law >Pay on Death Designations

 

For bank accounts, bonds, IRS, and other securities, you can simply designate a pay-on death beneficiary. Thus, when you die, these assets automatically pass to the person you designate, and does not affect what you can and cannot do with the assets while you are alive.

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