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ESTATE PLANNING

What are other methods of leaving property?

A number of assets are transferred at death by beneficiary designation, such as:

  • Life insurance proceeds
  • Qualified or non-qualified retirement plans, including 401 (k) plans and IRAs
  • Certain "trustee" bank accounts "Transfer on death" (or "TOD") securities accounts "Pay on death" (or "POD, assets, a common title on U.S. savings bonds These beneficiary designations must be carefully coordinated with your overall estate plan. Your will does not govern the distribution of these assets.
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