Can you designate someone to be a beneficiary in the event you die, however, they cannot access the account while you are living?
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Yes you can.
Certainly. It is called TOD (Transfer On Death). It is an easy way to leave funds according to your wishes without probate. All the recipient needs is a certified death certificate and proper ID to move the money into their own name upon your death.
Yes. The term used by the banks is POD (payable on death).
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