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Thanks, AJ -- we do have a will. I just wanted to be sure that if we set up our accounts as TOD to our kids, that they still get the step up in basis, and you answered that!

Keep in mind that setting up an account as TOD bypasses your will entirely. The account will go to the persons named as TOD no matter what your wills say.

That may or may not be what you want to do. Most estate attorneys would frown on using TOD accounts when you already have a will.

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