In this quick episode, I explain what happens to a parent's bank account after they pass away—and why it depends on how the account is set up. Joint owner? Beneficiary? No beneficiary at all? Each scenario leads to a very different outcome.

I'll share how to avoid probate and keep things simple by using a living trust—either by titling the account in the trust's name or naming the trust as the beneficiary.

📍 California residents: Book your free estate planning strategy session at www.ocestateplanlawyer.com

#EstatePlanning #LivingTrust #FillThatBucket #Pevney #FinancialFreedom #OrangeCounty