Posts Categorized: Pay on Death

Have You Planned for Expenses?

May 17, 2013 / By: Deborah Sexton, Estate Planning Attorney

Category: Pay on Death

While a lot of people take the time to create an estate plan, rarely do they consider all of the expenses associated with settling their estate. To help prevent expenses that reduce your loved ones’...

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Trust Distribution Checklist

Oct 6, 2011 / By: Deborah Sexton, Estate Planning Attorney

Category: Advanced Estate Planning, Asset Protection, Deceased Person's Debts, Estate Planning, Federal Estate Tax, Gifting, Inheritance Planning, Legacy Planning, Online Accounts, Pay on Death, probate, Tangible Personal Property, Trust Funding, Trusts, Uncategorized

There are lots of ways you can have your trust distribute money to your beneficiaries. Here is a checklist of some of the jargon, considerations, and approaches involved in trust distribution. Too often people view...

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Annuity Contract – What Happens at the Death of the Owner?

Sep 19, 2011 / By: Deborah Sexton, Estate Planning Attorney

Category: Annuity Contract, Deceased Person's Debts, Elder Law, Estate Planning, Legacy Planning, Pay on Death

For any annuity contract issued after April 22, 1987, it must terminate upon the death of any owner and benefits will then be paid to the designated beneficiary.  The death of any owner will trigger...

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Top Three Simple Estate Planning Solutions

Nov 22, 2010 / By: Deborah Sexton, Estate Planning Attorney

Category: Estate Planning, Life Insurance, Pay on Death

We have all heard the classic “KISS” design principle, which can be politely interpreted as “keep it short and simple.” The fact is that some estate plans demand a bit of complexity due to the...

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Avoiding Probate with Pay-on-Death Accounts

Oct 4, 2010 / By: Deborah Sexton, Estate Planning Attorney

Category: Avoiding, Pay on Death

If you are looking for ways to plan your estate while helping your family avoid a lengthy probate, a payable-on-death account may help. Payable-on-Death (POD) accounts allow the account holder to name a beneficiary. This...

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