Why TOD Accounts Aren’t the Estate Plan You Think They Are
Banks often reassure clients that opening a TOD (Transfer on Death) account is a simple way to avoid probate. It sounds appealing — quick, inexpensive, and paperwork-free. But the truth is more complicated. After years of helping families navigate estate issues here in New Jersey, I’ve seen TOD and joint ownership arrangements create far more problems than they solve. They’re marketed as “easy planning,” but they often leave families stuck with delays, court involvement, and
Law Office of Arij H. Syed
Nov 63 min read













