Month: June 2011

Amateur Efforts to Avoid Probate Can Be Disastrous

Since 1997 Pennsylvania law has permitted the registration of securities in “POD” or “TOD” form. POD means “pay on death” and TOD means “transfer on death.” Titling accounts POD or TOD permits the naming of a beneficiary on all sorts of investments. In the past only life insurance and pension plans had this option available.… Read More

Changing Your Will

codicil (käd’ i sɘl, -sil’) noun 1. an addition to a will, that changes, explains, revokes, or adds provisions If you have a will, congratulations. That’s great. Now you want to change it. How do you do that? First: NEVER make changes to a will by inserting, crossing out, or doing anything to alter the… Read More