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Adot Beneficiary Designation Form

Adot Beneficiary Designation Form

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Instructions and help about adot benificiary form

I'm elder law attorney Kelsey sasco from sasco law and today I'm here to talk about joint ownerships beneficiary designations and wills what one wins so usually the rule of thumb is that a joint ownership I own my bank account along with my spouse always prevails if I pass away that bank account automatically belongs 100% to my spouse or whoever the other joint owner is beneficiary designations then Trump second beneficiary designations say look I own my account either by myself or with something else but when we're all passed away then we want the account to go to this person beneficiary designations and Joint ownerships are really great estate planning tools because both allow the assets to avoid probate court finally the will comes in last place the wheel only covers assets that are going through probate court so assets that didn't have a joint owner didn't have a beneficiary or a property that didn't have someone else on the deed or s

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