POD Secrets
POD Secrets
Blog Article
It is important to notice that a POD is more effective than A final will and testomony. If a POD account has one personal named given that the beneficiary, as well as the will with the account holder lists One more specific as a beneficiary, the POD-designated beneficiary prevails.
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A banking account which has a named beneficiary known as a payable on Demise (POD) account. Those who go with POD accounts achieve this to keep their cash outside of probate court docket in case they move away.
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