ESTATE PLANNING FOR GRANDCHILDREN
by Thomas D. Begley, Jr., CELA Goals A grandparent-grandchild relationship is a special one. Perhaps because of the differences in age, or perhaps because grandparents have already raised one child or a family of children, they have a different viewpoint with respect to their grandchildren. Grandparents often have the following concerns: Pocket Money. They want…
POD & TOD ACCOUNTS: A BLESSING OR A CURSE?
by Thomas D. Begley, Jr., Esquire, CELA What are POD and TOD Accounts? A POD accounts stands for “payable on death” and is usually used with bank accounts such as checking, savings or Certificates of Deposit. TOD are “transfer on death” accounts and are usually used with brokerage accounts, stocks, bonds and other investments….