What happens to your share if you predecease the owner of a Transfer on Death account?

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1016143

2026-07-11 08:40

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That depends on how the owner of the account has arranged the beneficiary designation. There may be a contingent beneficiary or the gift may lapse and become part of the testator's intestate estate. In that case it would pass to the heirs-at-law. That question should be asked when the beneficiary designation is arranged at the bank.

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