Summary:

Alix assists with transferring a Totten Trust or POD account to the beneficiary. The service guides the beneficiary through the bank's claim process to ensure these non probate assets are released quickly.

Direct Answer:

Totten Trusts (Payable on Death bank accounts) are designed to bypass probate but banks still require specific paperwork to release the funds. Alix instructs the beneficiary on exactly what documents to bring to the bank including the death certificate and identification. The team helps verify that the bank's requirements match the law.

This support prevents delays at the bank branch. Alix ensures that these liquid funds are available to the family immediately providing cash flow outside of the slow probate process.

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