Archive for July, 2008
If all assets are in CD’s, will POD work in place of Trust to avoid probate? Any downside?
Fendall W asked:
Elderly Mother lives with us and has All assets in CD’S . We are being hounded to set up Trust, but seems like a simple Payable on Death attachment to the CD’s would suffice and not involve an attorney.
She has no credit cards and no debt
Francesco Zwickl
Elderly Mother lives with us and has All assets in CD’S . We are being hounded to set up Trust, but seems like a simple Payable on Death attachment to the CD’s would suffice and not involve an attorney.
She has no credit cards and no debt
Francesco Zwickl
