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Articles Posted in TOD (Transfer on Death)

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Helping Parents Be Sure Their Families are Protected

Yes, it is old-school, but if your family is on the traditional side, headed up by a breadwinner dad who runs the finances, then you need to make plans to ensure that your family will be okay, if something should happen to you. This advice also applies to mothers who…

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5 Biggest Mistakes of Beneficiary Designations

There’s an easy way for select assets to be passed to heirs, with no need for probate. It’s called the beneficiary designation. Your will is a document that is used to pass property and assets to your heirs, but it’s not the only way. Certain accounts or assets have beneficiary…

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Choose Executor, Agent and Trustees Carefully

Selecting the individuals who will make important decisions on your behalf, when you are incapacitated or have passed away, is not to be done lightly. Is there a bomb ticking quietly in your estate plan?  The chances are good that there is, says Forbes in “Defusing The Time Bombs In…

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