There are many types of assets that a person can leave to their loved ones after death. One type of asset that estate executors should give careful attention to is investment securities. Securities are investments that people buy with the hope of selling the investment for more money in the future. There are many types, such as stocks, bonds, annuities, and mutual funds. Securities can pass through a person’s estate, or they can pass directly to a named beneficiary upon death. However, in either case, estate executors must be cautious when handling securities because of the different tax implications. (more…)
