Estate planning options at Oppenheimer

For a brokerage account, the designation is a transfer on death (TOD) account, which Oppenheimer lists among its account types.¹

The beneficiary designation on file is what the custodian uses to determine who receives the IRA at death.²

A trust can be named as a beneficiary.²

An estate can be named as a beneficiary.²

A charitable entity can be named as a beneficiary.²

Oppenheimer's fees for Transfer On Death Accounts are $50.00 for the initial account set-up and $25.00 per request to change beneficiaries.¹

Oppenheimer lists trust accounts among its brokerage account types.¹

Trustee, co-trustee, custody and insurance trust services, working with the Oppenheimer Financial Professional^{3, 4}