How does the Transfer On Death (TOD) feature work?

When you enable the Transfer on Death instruction in your Personal Account, you are taking a proactive step to simplify the asset distribution process for your beneficiaries. This is achieved by establishing a straightforward mechanism to ensure that the assets within your Silver Bullion Account can be easily converted into cash and transferred to your Linked Bank Account upon notification of your passing. Consequently, this ensures that your assets with Silver Bullion become readily accessible to your estate administrator or executor for distribution to your intended beneficiaries

Examples of what the Transfer On Death instruction does NOT do:

• It does not directly transfer ownership of the precious metals to your beneficiaries.
• It does not replace or override your will, trust, or other estate planning documents that specify how your assets should be distributed among heirs.
• It does not involve designating specific beneficiaries for the precious metals themselves.
• It does not complicate your control over your assets during your lifetime; you can buy, sell, or modify your holdings as usual.
• It does not affect the ownership of your precious metals while you are alive.