Are you in the process of estate planning and need to transfer your assets to your loved ones after your passing? Then the Raymond James Transfer on Death Agreement form may be just what you need.
The Transfer on Death Agreement form, also known as TOD, is a legal document that allows you to transfer your securities to a designated beneficiary upon your death, without having to go through probate. This means that your assets can be transferred to your loved ones quickly and without the legal hassle that often comes with probate.
The Raymond James Transfer on Death Agreement form is especially helpful if you have a large amount of assets that you want to designate to specific beneficiaries. For example, if you have multiple accounts with Raymond James, you can complete a separate TOD Agreement form for each account and assign a different beneficiary for each.
To begin the process of completing the Raymond James Transfer on Death Agreement form, you’ll need to contact your financial advisor. They can provide you with the necessary paperwork and guide you through the process of designating your beneficiaries.
Once you’ve completed the form, you’ll want to make sure your beneficiaries know about it and have a copy of the document. It’s also important to keep the original document in a safe place where it can easily be accessed upon your passing.
By completing the Raymond James Transfer on Death Agreement form, you’ll have peace of mind knowing that your assets will be transferred to your loved ones according to your wishes, without the stress and expense of probate. So, if you’re in the process of estate planning, be sure to consider the benefits of the Transfer on Death Agreement form with Raymond James.