Many assets pass by beneficiary designation — which is the ability to fill out a form with the financial company holding the asset and name who will inherit the asset upon your death.

Similarly, transfer on death accounts let you tell brokerage institutions ... In each of these examples, you simply need to ...

it doesn't form part of the estate, and the proceeds are paid directly to the beneficiary upon the policyholder's death. This can save significant time and money on executor fees, it says.

A transfer on death is a fairly straightforward strategy to set up. You can head to your bank or other financial institution, fill out the form, and name your assets and beneficiaries. You ...

Many joint bank accounts include rights of survivorship, which means that after one account owner dies, any remaining owners retain ownership of the funds in the account, without interruption. If ...

Most consumers are familiar with the beneficiary designation form they complete when opening ... that determine who receives the asset upon the death of the owner. Here are several of the mistakes ...

Filling out the NAIC's form online submits the person's ... Similarly, if the beneficiary receives the death benefit as an annuity or receives multiple payments over time, any interest accrued ...

A recent private binding ruling has reiterated the stringent conditions applied to qualify for death benefit dependant.

# THREE years after the death of public school teacher Jay Roosevelt, his mother says she is still unable to access gratuity and backpay owed to him — despite being listed as his sole beneficiary.