Description Too many people think that a will is all the "Estate planning" they need.
As a result, in many case.
Furthermore, clients are increasingly using POD (pay on death), TOD (transfer on death) and ITF (in trust for) designations to entirely bypass the will and the antiquated probate system.
Wills do not govern assets passing by beneficiary designations, such as IRA\'s, life insurance and annuities.
Yet wills often fail to take into account the majority of a client\'s assets.
Description Too many people think that a will is all the "Estate planning" they need