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TOD accounts are a great way to avoid the messy probate process. It's efficient, and the administration is fairly cheap. It's also a convenient way to provide a certain amount to beneficiaries directly.

Be careful what you wish for and be careful getting piecemeal advice on wills, taxes and estates.

You can title accounts however the person typing is willing to do it - it doesn't mean it's a valid way to title an account.
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