POD, TOD, Beneficiary, and Co-Ownership

When it comes to managing assets and planning for the future, it’s crucial to have a clear understanding of various legal designations related to ownership and asset transfer upon death. Four commonly used terms are POD (Payable on Death), TOD (Transfer on...

Probate Notice: Who is Entitled to Receive It?

We are asked many times, “Who will receive notice of the probate of my loved one’s estate or Will? Probate is the legal process through which a deceased person’s assets are distributed to their beneficiaries according to their Will or to their heirs, if there is...