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Most of us also have family or friends that you do rely. We know that they will raise our children in the correct manner and that they will take good any property that may pass to our children. Good parenting requires us to list the person(s) whom we trust accomplish the right thing for the children. Along with the only way to name the person(s) you trust end up being to name your ex in your Last Will And Testomony. Obviously, after your death, it is just too late to list anyone.<br><br>You just cannot compare 2. An IRA is a kind of account (individual retirement account) strolling form of ownership. A CD (certificate of deposit) is it. You can own a CD, or many other investments, a great IRA. Or you can own them various other forms of ownership or in other accounts. 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