Goldstein on Gelt: Is Your Estate Plan Ready for the Real World

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December 6, 2024, 6 AM ET

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Think T.O.D. Accounts Are Simple? Think Again! T.O.D. accounts might sound like the shortcut to estate planning bliss, but for cross-border families, they can lead straight to chaos. Tax traps, legal tangles, and probate drama are just a few of the surprises waiting for unsuspecting heirs. Don’t let a so-called "simple solution" turn into a family nightmare—learn how to sidestep the pitfalls and build an estate plan that actually works across borders. Key Takeaways:

T.O.D. accounts can backfire: Especially when heirs live abroad or assets cross borders.
Estate plans need regular checkups: Make sure your accounts and documents are airtight.
Expert help is a game-changer: The right cross-border team can save time, money, and stress.

The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and resources mentioned in the show, go to https:⁠/⁠/goldsteinongelt.com/radio-show The information provided here is intended for educational purposes only and is not to be considered legal, tax, or investment advice. Securities offered through Portfolio Resources Group, Inc. Member FINRA, SIPC, MSRB, FSI. The opinions expressed are those of the author and not those of Portfolio Resources Group, Inc. or its affiliates.