Saturday, May 7, 2016

FAQ: What happens if I die without a plan?

In the best case, everything is owned jointly with your spouse, and there is not probate and all assets transfer to you immediately.

In the worst case, your spouse or significant other owns major assets in their name only or neglected to create beneficiary designations. A form of probate has to occur before a bank or other financial institution will release the funds.

In this case, you will have to wait until a judge signs off on the distribution to get the money you may so desperately need immediately.

 

WHERE MAY I SEND YOUR FREE BOOK WITH ANSWERS?



from Estate Planning Bentonville, Springdale, Fayetteville AR http://ift.tt/1OhLQRD


from DeWitt Law Firm, PLLC

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