We all know the importance of updating our financial documents. Having a will can offer peace of mind when planning for succession and how our matters are handled after we pass away. But what if there is a document that supersedes your will?In today’s episode, Gary Alden shares the answers to the most common questions his clients have around wills, beneficiaries, and TODs.In this episode, you will learn:

  • What a TOD is
  • Why you should review your beneficiaries regularly
  • Whether you can have multiple beneficiaries on a TOD account
  • If charities can be named as beneficiaries
  • TOD tax benefits or implications
  • And more!
    • Tune in now to learn about TODs and beneficiaries, and find out more about updating your designations!Resources: Kingwood Investment GroupRelated: The Most Frequently Asked Questions About Estate Planning