The past few years have seen more and more people investing their money in stock and bonds. With the advent of mutual funds, investing in stocks and bonds became easier.
Additionally, brokers have made the process of trading in stocks easier, especially to the people that are busy.
Due to this, many people have ended up with a huge chunk of their holdings tied in stocks and bonds. The lawmakers have not been left behind, coming up with simple ways for people to leave their securities to their families without the need for probate.
Let us look how this works out.