TOD Beneficiaries for Securities and Vehicles

Thanks to recent changes in states laws, you can name a transfer-on-death (TOD) beneficiary to inherit assets as different as a brokerage account and a pickup truck. All it takes is some simple paperwork; there's no cost. The result is that after your death, the beneficiary will be able to claim the property quickly and easily, again without any expense and without any probate court involvement.