
Losing a spouse is devastating enough. But here’s what most people don’t see coming: the financial chaos that often follows. You’d think grief would be the hardest part. And it is. But then comes the avalanche of financial surprises that can turn an already impossible time into a fullblown crisis.
What I’m referring to are the two primary types of beneficiary designations for certain types of accounts, namely Payable-on-Death (POD) and Transfer-on-Death (TOD) designations.

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