A recent study revealed what each state's residents have the most concern about when it comes to finances. In Michigan, the most Googled financial term was "income tax." However, perhaps Michigan residents should take a cue from New Yorkers and feel more concerned about estate planning, which was that state's most searched term.
Where an inheritance goes when an heir dies
TOD accounts may be an estate tool
There are several ways to transfer assets to family members after death. While wills are the most known method, transfer on death accounts may have advantages.
