My Account


Transfer on Death (TOD) Beneficiaries allow you to specify who will inherit your Landa account assets in the event of your death. These assets will be transferred to your beneficiaries without the need for probate court involvement.

How do I designate TOD beneficiaries?

You can designate TOD beneficiaries in your account settings by visiting the Beneficiaries section. It is recommended to consult with estate, tax, financial, and/or legal advisors when naming beneficiaries. Please note that Landa customers in Louisiana are currently unable to register TOD beneficiaries.

In the event of my death, what should my beneficiaries do?

In the event of your death, your TOD beneficiaries should contact to transfer your brokerage assets. They may need to provide a government-issued ID and other documents to receive the assets. You can change your beneficiaries at any time by accessing the Beneficiaries section in your Landa app settings.

Can I change my beneficiary designations?

Yes, you can change your beneficiaries at any time. Go to settings in your Landa app and tap Beneficiaries, then “Edit” to add a new beneficiary, change their information, or delete an existing one.

Landa will never contact a beneficiary except in the event of a transfer on death, so your beneficiaries need to be made aware that they have been named and may need to contact Landa if necessary.

Furthermore, if you are married and live or have lived in a community property state, your spouse or domestic partner as your default beneficiary may need to provide permission before naming another individual as your beneficiary.

Who qualifies as a TOD beneficiary?

All TOD beneficiaries must be natural persons who are at least 18 years old and either U.S. Citizens or legally permitted to open a Landa account.

Is it currently possible to adjust the allocation of assets among my beneficiaries?

No, currently your assets will be split evenly among your named beneficiaries to the extent possible. If you have several beneficiaries that cannot be evenly divided by 100%, Landa will round the allocations to whole percentages (e.g. 34%, 33%, 33%).

What assets can a beneficiary receive?

Upon transfer, your Landa account assets are split evenly among your beneficiaries. Beneficiaries can generally receive all assets currently in your account and can transfer assets to their own Landa account. From there, they may hold the assets or sell the shares in the marketplace.

Who can add a beneficiary to their account?

Any account owner who is currently active and not living in Louisiana can add a beneficiary to their account. Transfer on Death (TOD) registrations are not currently available for Landa customers in Louisiana.

What happens to assets in my account if I don't designate a beneficiary?

If you pass away without designating a beneficiary, assets in your account may be subject to probate court or a probate alternative, depending on the value of the account. The probate process will be governed by the laws of your state of residence.