Should you become incapacitated, the successor trustee of your living trust could access trust assets to pay for your care.

Payable on death (POD) and transfer on death (TOD) accounts both offer a unique mechanism for streamlining the transfer of ...

I just completed the probate of my late brother’s will. I was the personal representative he appointed to act on behalf of ...

Answer: I did not. Payable on death accounts are similar to transfer on death accounts since both allow owners to designate beneficiaries and avoid probate, the court process that otherwise ...

Probate is a legal process that verifies the validity of a deceased person’s will. This includes addressing debts and ...

An increasingly popular way to avoid probate and other estate planning issues is the transfer on death or payable on death account. There can be more to these accounts, which I’ll refer to as ...

A tax pro or the facility itself can provide further details. Dear Liz: You recently wrote about payable-on-death accounts. You wrote that one of the disadvantages to these accounts is that an ...

Another option is setting up a payable on death (POD) account, in which the funds are dispersed to a named beneficiary upon the account holder’s death, avoiding the delay of probate court.

The same is true if the account had a “POD” – Payable on Death – listed. The asset gets paid on death to that named person listed and avoids probate. Make an appointment with a lawyer.

The contents of a video on social media caught my attention a couple of weeks ago. The purpose of the video was to educate ...

With a payable on death (POD) bank account, the people you name will receive your CD funds, as you explain, even if you don't have a will or your will's statements conflict with your named ...

Here are some crucial frequently asked questions (FAQs) regarding the calculation of pension benefits for EPF members, as per ...