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plenty of colleagues put to me concern as to the meaning of transfer on death.
What transfer on death is, is a way of designating beneficiaries to receive your assets at the time of your death without having to go through probate. This designation also allows you to specify the percentage of assets each person or entity (your "TOD beneficiary") will receive. Your assets will then be automatically transferred to the designated beneficiaries upon your death.
Transfer-on-death is a means of transferring assets without the hassle, delay and cost of probate. If you set up your account or have your securities registered this way, the executor or administrator of your estate won't have to take any action to ensure that your securities transfer to the beneficiaries you have designated.
With TOD registration, you maintain complete control of your assets during your lifetime. Your named beneficiaries have no access to or control over your assets as long as you are alive.
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[EDITED BY leticia95]
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from what i hear the effect of the market's fluctuations on the Thai Baht in Czech Republic came about through the fact that THB-CZK rates will be affected by the ascension in the power tool import market, and as a consequence is going to top, that if correct, may possibly advocate the THB's metamorphosis.
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