A survivorship account is a type of joint account — specifically, an account where ownership automatically transfers to the surviving co-owners upon death. On the other hand, a joint account, broadly speaking, may either be:... Read more »
Yes, estate accounts can be taxed under certain circumstances. If the total value of an estate exceeds the federal estate tax exemption (which is $13.99 million as of 2025), the estate may... Read more »
Whether you’ve been designated the beneficiary of a payable-on-death (POD) account or a transfer-on-death (TOD) account, you can generally claim the contents of the account shortly after the account holder’s death —... Read more »
As a general rule, you should contest a POD bank account as soon as you discover the beneficiary designation on the account may be invalid. That said, because the wrongful act is... Read more »
If executors are not properly communicating with beneficiaries, beneficiaries may be wondering: Does an executor have to show accounting to beneficiaries? Yes, executors do generally have to show accounting to beneficiaries once... Read more »
The share of single-family homes sold to investors peaked at nearly 30% at the start of this year, but these types of transactions dropped significantly in the ensuing six months, according to... Read more »