What Is a ‘Residuary’ Estate?

What Is a ‘Residuary’ Estate

In simple terms, a residuary estate is any part of your estate that hasn’t been distributed to your heirs through a last will and testament.

Do You Have a Will?

Do You Have a Will

According to a recent Gallup poll, a little over half (54%) of adults in America don’t have a will.

What Is a TOD Beneficiary?

What Is a TOD Beneficiary

A person named as a transfer on death (TOD) beneficiary for an account will receive the assets held in it when the account owner dies.

What Assets are Not Considered Part of an Estate?

What Assets are Not Considered Part of an Estate

In presentations regarding essential actions individuals should take regarding inheritance, emphasis is usually placed on drafting a will. This leaves unanswered what happens to assets that do not pass by will —so called non-probate assets.

How Do I Avoid Probate?

How Do I Avoid Probate?

There are good reasons why people want their estates to avoid probate, and a lot of ways to do it.