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Acronyms abound in estate planning, just as they do in many other areas of law. Here are a couple: POD and TOD. They mean payable on death and transfer on death, respectively. And what is the exact relevance of those shorthand designations, some readers might ask, and...
A recent media piece points out that many people "prematurely conclude that estate plans are only useful for securing wealth for later generations." On initial examination, it is understandable why some individuals and families in Southern California and elsewhere...
Many would-be estate planners and individuals/families currently in the process of attending to estate administration matters know a thing or two about trusts. Not many, though, likely know the degree to which these planning instruments provide for great flexibility...
