EST2411. Pitfalls of Pay on Death Accounts and the Importance of Asset Titling in Estate Planning

Pay on death accounts are commonly used by individuals when engaging in estate planning. Although simple to create, these accounts can also cause unintended results in an estate plan. We will discuss the pros and cons of relying on pay on death accounts and how best to coordinate them with an estate plan.

Learning Objectives:

• Understand the importance of coordinating asset titling with an estate plan
• Best practices to address POD accounts and coordinate with a client’s estate plan