Still using “Payable on Death” for Estate Planning? Here’s why that’s a mistake. ⚠️ On the surface, naming a beneficiary sounds simple and clean. But if your estate is even moderately complex … That simplicity comes at a cost. Here’s what really happens: 🪙 A payable-on-death (POD) designation passes assets directly to the named individual. ⚖️ With zero control. 🛡️ With zero protection. That means your wealth is now fully exposed to: – Your heir’s creditors. – Lawsuits. – Divorce settlements. – Financial mismanagement. If you’ve built a business … Accumulated real wealth … And want it to serve multiple generations … You need structure. ✅ Trusts provide that structure. There are more than 77 types of trusts in the U.S. — Most fall into two general categories: – Revocable. – Irrevocable. Each offers powerful tools when crafted correctly: 🛡️ Creditor protection (via spendthrift clauses ... and even domicile ... for instance, international trust planning could off...