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Blog Posts in October, 2013

Understanding Payable on Death Account Pros and Cons

Payable on death (POD) or transfer on death (TOD) is a rule that was enacted in the late 80s with help from the National Conference of Commissioners on Uniform State Laws. Florida is one of the states ...
Continue reading "Understanding Payable on Death Account Pros and Cons" »

Five Things You Should Know About Student Loan Forgiveness and Other Debt Solutions

According to the Federal Reserve Board of New York, there are approximately 37 million Americans who have outstanding student loans. Faced with a slower economy and mounting debt, many individuals are ...
Continue reading "Five Things You Should Know About Student Loan Forgiveness and Other Debt Solutions" »

Avoid the Necessity of Multiple State Probate Proceedings

We all have nightmares, of one sort or another. One of the down sides to our work is that we get to hear about a lot of the nightmares that come true. One of the up sides to our work is getting to ...
Continue reading "Avoid the Necessity of Multiple State Probate Proceedings" »

Facing Financial Difficulties - Five Factors to Consider Before Filing Bankruptcy

When there are money problems, it may seem as if you are falling into a hole you can't get out of. Often times they may think that filing for bankruptcy is their only solution. However, that may ...
Continue reading "Facing Financial Difficulties - Five Factors to Consider Before Filing Bankruptcy" »

Review Your Estate Plan Regularly and Update Whenever Necessary

Consider this scenario...Erica and Tyler developed their first estate plan in their late thirties. They had two kids who were 10 and 15 at that point in their lives, and the parent's chief desire ...
Continue reading "Review Your Estate Plan Regularly and Update Whenever Necessary" »

A Look at Payable on Death Account Pros and Cons

A payable on death account (POD) is a quick, cost free vehicle to pass on unlimited amounts of cash assets to a designated heir without going through probate. Known as a poor man’s trust, a POD ...
Continue reading "A Look at Payable on Death Account Pros and Cons" »
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