tod Archives - Financial Advisor in Santa Clarita, CA Virtue Wealth Management

2023-04-25T18:49:27-07:00

Many investors have more than one investment account. They have a 401k at work, an IRA, a Roth IRA, and one or more non-retirement investment accounts. How you name each one is very important. That’s called Asset Titling. Correctly titling your asset accounts can help ensure that your property and investments are passed down [...]

The Importance of TOD & JTWROS Designations

admin2020-08-03T14:57:30-07:00

A convenient move that could ward off probate on your accounts. TOD, JTWROS...what do these obscure acronyms signify? They are shorthand for transfer on death and joint tenancy with right of ownership – two designations that permit automatic transfer of bank or investment accounts from a deceased spouse to a surviving spouse. This automatic transfer [...]

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How You Title Your Assets Matters

The Importance of TOD & JTWROS Designations