Skip to main content

I want to put my son on all my accounts (savings, checking, IRA) as a beneficiary. Is that a good move?

Fuquay Varina, NC |

My husband passed away three months ago. My son already has POA.

Attorney Answers 4

Posted

There is no way to answer your question without more information. You should consult with a lawyer in your area that handles estate planning.

Mark as helpful

5 lawyers agree

Posted

it appears you have a plan for incapacity(POA) and a plan to avoid probate(named beneficiaries).
You should also have a will and health care surrogate.
if you have real estate or other assets-you should look in to a living trust.

The answer given does not imply that an attorney-client relationship has been established and your best course of action is to have legal representation in this matter.

Mark as helpful

2 lawyers agree

Posted

it appears you have a plan for incapacity(POA) and a plan to avoid probate(named beneficiaries).
You should also have a will and health care surrogate.
if you have real estate or other assets-you should look in to a living trust.

The answer given does not imply that an attorney-client relationship has been established and your best course of action is to have legal representation in this matter.

Mark as helpful

1 found this helpful

1 lawyer agrees

Posted

Every situation is different, but it may make sense for you to do this. Please consult with an estate planning attorney.

Mark as helpful

5 lawyers agree

Wills and estates topics

Top tips from attorneys

What others are asking

Can't find what you're looking for?

Post a free question on our public forum.

Ask a Question

- or -

Search for lawyers by reviews and ratings.

Find a Lawyer

Browse all legal topics