Your Money Show – Financial Institutions Don’t Have To Pay Your Beneficiary

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In this segment of Your Money Show, we discussed why financial institutions don’t have to pay your beneficiary. We talk about the paper that you signed that allows the financial institutions to pay who they like. In some cases they can pay your estate which would cost you thousands of dollars in taxes. We tell you what you need to know and how to prevent them from paying your estate. We also talk about the one word that you need to know to make sure that your children’s children get money. Ed Haines called in to talk about how to buy real estate and why you should buy houses in probate.