BANK ACCOUNTS IN YOUR NAME ONLY WILL BE FROZEN WHEN YOU DIE UNLESS YOU DO THIS

ok i'm just gonna be blunt with you if you were to die today this is exactly what would happen to everything that you own if you have a bank account titled only in your name and you have no payable on death frozen your family will not have access to those accounts until the court gives them permission what happens to your house? If you are the only one listed on the deed and there was no right of survivorship and your state does not recognize the transfer on death deed, probate. Your family could wait months and even years before getting ownership. And if they don't have enough money to cover the mortgage because they can't access your bank accounts - foreclosure. Banks do not care. Do you still have rental properties titled in your personal name? Probate and no asset protection. Do you have a business? If your business has not been assigned over to a trust, probate. Retirement account, no beneficiary or the wrong beneficiary, the court will decide if your forms are correct or not. Brokerage accounts, Robinhood, Schwab, Fidelity, these accounts do not automatically transfer. No beneficiary means probate. Life insurance, if you have your minor children listed, they will receive a lump sum at the age of majority which means that their inheritance will not be protected from creditors. Here's the truth, if your assets are not structured properly to transfer on your death, they will go into the court system. Your family waits and your family pays. So what is the solution for people who have assets? Number one, create a trust. Number two, retitle all of your assets to the trust and number three, name your children as beneficiaries of the trust.