Payable On Death - POD
Also referred to as a "totten trust."
POD accounts are created by filling out the proper forms at your bank or credit union. It is a cost-free service that allows for the transfer of all checking and savings accounts, security deposits, savings bonds and other deposit certificates. A POD account is very similar to a transfer-on-death arrangement, but deals with a person's bank assets instead of their stocks, bonds, mutual funds or other assets. Both POD and TOD agreements offer quick means of asset dispersement, as both avoid the probate process, which can take several months.
Investment dictionary. Academic. 2012.
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Payable on Death — Album par P.O.D. Sortie 4 novembre 2003 1er décembre 2003 (Japan) Enregistrement Mai Juillet 2003 Bay 7 in Valley Village, California Sparky Dark in Calabasas, California Durée 44:22 Genre … Wikipédia en Français
Payable on Death — Студи … Википедия
Payable On Death — es un grupo de Hard Rock, Rapcore cuyo nombre significa Pagadero al morir (basado en la ideología central de la banda), fue formado en 1992 por Marcos Curiel (ex guitarrista) y Wuv (Noha Bernardo) (Batería). Paul Sandoval Sonny , primo de Wuv, se … Enciclopedia Universal
Payable on Death Live — Album par P.O.D. Sortie 18 Février 1997 Enregistrement 1997 Live in Stevenson, Washington Durée 53:30 Genre Rapcore, Metal Chrétien Producteur … Wikipédia en Français
payable-on-death designation — A way to avoid probate for bank accounts, government bonds, securities, individual retirement accounts, and, in some states, real estate or cars. To create a pay on death designation, you simply name someone on the ownership document (such as the … Law dictionary
Payable on Death Live — Infobox Album Name = Payable on Death Live Type = live Artist = P.O.D. Released = 1997 Recorded = 1997, Live in Stevenson, Washington Genre = Nu metal, Alternative metal, Rap metal,Christian metal Label = Rescue Records Producer = P.O.D. Reviews … Wikipedia
death benefit — n: money payable to the beneficiary of a deceased as a benefit (as under a policy of life or accident insurance or a pension plan) ◇ The right to death benefits is generally terminated in cases of fraud, as when an insured commits suicide after… … Law dictionary
death benefit — death′ ben efit n. bus the amount of money payable to a beneficiary upon the death of the insured • Etymology: 1920–25 … From formal English to slang
Death — n. 1 the final cessation of vital functions in an organism; the ending of life. 2 the event that terminates life. 3 a the fact or process of being killed or killing (stone to death; fight to the death). b the fact or state of being dead (eyes… … Useful english dictionary
Death Benefit — The amount on a life insurance policy or pension that is payable to the beneficiary when the annuitant passes away. Also known as survivor benefit . A death benefit may be a percentage of the annuitant s pension. For example, a beneficiary might… … Investment dictionary
death benefit — noun insurance or pension money payable to a beneficiary of a deceased • Hypernyms: ↑benefit • Hyponyms: ↑advance death benefit * * * noun, pl ⋯ fits [count] : money that an insurance company pays to the family of someone who has died because… … Useful english dictionary