If you want these assets to be transferred to the beneficiaries of your choice and to avoid the probate process, a Transfer on Death (TOD) registration for the securities is one of the ways this can be accomplished, and is something you may want to discuss with your estate attorney and/or tax advisor.
With Computershare, you can establish a Transfer on Death registration and designate a single beneficiary or multiple beneficiaries with varying allocations and modify such designations, all in a convenient online platform that makes it easy to simplify beneficiary management, control the disposition of your securities and provide options for your beneficiaries.
Why designate transfer on death beneficiaries?
Simplify beneficiary management
Designate beneficiaries and modify any time
Specify allocations and modify any time
Secure, convenient and easy to use platform
Control the disposition of your securities
Control what happens to your securities after death
Avoid probate process and recovery process
Assets transferred automatically when proper documentation provided
Beneficiaries cannot access assets during your lifetime
Provide options for your beneficiaries
Give beneficiaries the option to manage newly acquired equities in the same convenient wealth management tool
IMPORTANT INFORMATION: The option to designate beneficiaries to your account is based on and subject to applicable state law and Computershare’s Transfer On Death (TOD) Rules. In offering TOD registrations, Computershare is not providing, and does not intend to provide, any legal advice in relation to TOD registrations under applicable state law. As TOD registrations affect the disposition of a security owner’s property at death, you should consult with your attorney or tax advisor to ensure that any such registration is consistent with your estate planning and tax planning objectives.