What is a Transfer on Death Deed and Why Would Someone Want to Use One?
A transfer on death deed (“TODD”) is a document that an owner of real property can use to name someone, called a “beneficiary,” who will take the property when the owner dies. A TODD allows the owner to transfer real property at his or her death without having to go...Estate Planning & Artists: Light Shed by Thomas Kinkade’s Estate Plan
Thomas Kinkade was an American painter who passed away in April of 2012. He passed away unexpectedly as a result of acute intoxication from alcohol and Valium. At the time of his death, he was legally separated from his wife and lived with his girlfriend. As part of...
Beware of Unintended Consequences of Beneficiary Designations
A beneficiary designation is when you name a specific person to receive your assets when you pass away. Retirement accounts, annuities, life insurance, pay on death accounts, all require beneficiary designations. You make these designations outside of traditional...