Author: By JIM FLYNN Special to The Gazette
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Money & the Law: Know the rules when it comes to pay-on-death accounts
Although avoiding probate is probably overrated, there are several legal tools available to transfer wealth at death that don’t require much, if any, lawyer handholding and don’t require a probate proceeding. These are generally referred to as nonprobate transfers and included here are pay-on-death accounts. When you own a bank, savings, brokerage or mutual fund…





