DEAR JEFF: I recently read an article that said that a payable-on-death form can be filled out that allows bank accounts and securities to pass to another person without going through probate. Is this correct, and where can I get the forms? Thanks, “Wrapping Up Loose Ends”

Dear “Loose Ends”: A payable-on-death form does allow account proceeds to pass immediately upon death, without the necessity of going through probate.

Jeffrey Bates is licensed to practice law in the State of Texas, but is not board certified in any area of specialty by the Texas Board of Legal Specialization.

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