At this point in our lives, we just have Wills - but, even those won't be necessary unless something changes. Everything is POD/TOD (including the house). We'll probably revisit at a later date.
We had everything set up similarly when DF passed away. Everything POD (including house) except for small joint account (with me as a joint owner) that I used for a few months to pay the final bills. Worked out fine. This might not work out so well in many families, so YMMV.
We had everything set up similarly when DF passed away. Everything POD (including house) except for small joint account (with me as a joint owner) that I used for a few months to pay the final bills. Worked out fine. This might not work out so well in many families, so YMMV.