I recently became aware that some states (or actually MOST states) allow one to name someone to inherit stocks, bonds or brokerage accounts - THUS avoiding PROBATE on these assets. Is Pennsylvania such a state and if so, how does one go about doing this? - ie. Is it just a matter of drawing up a document witnessed by two individuals and is signed by the grantor assigning the stocks to be inherited by whomever? The person already has a will (so maybe this would be a codicil)- but I was wondering about this issue of stocks being transferred upon death without going through probate. Can someone help answer this? Thank you in advance!