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Have you provided for your loved ones?

Many of us with grown children, rely heavily on our friends and want to leave a legacy to our friends as much as our children and family. To do this, we can use a trust or even pay on death designations on accounts. "POD" accounts are useful but could create confusion if a friend is listed as a POD but our Wills leave everything to our family. Be sure that your Will references that any accounts listing a POD or designated beneficiary go to the named beneficiary, even though the Will directs other assets to go family.

Small Funding Errors Frustrate Trusts
Should my powers of attorney be immediately effect...

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