The financial obligations held by a bank or credit union, which are owed to an account holder's assigned beneficiary upon the death of the account holder. Assets that are transferred to the beneficiary include share deposits, checking account balances, certificates of deposit, and savings bonds. The account holder must complete POD forms in order to trigger the automatic transfer.
Related information about payable on death (POD):
- Payable On Death | Official website for P.O.D
P.O.D (Payable on Death) from San Diego, CA are releasing their 8th studio album entitled "Murdered Love."
- Payable on Death - Wikipedia, the free encyclopedia
Entertainment Weekly. http://www.ew.com/ew/article/0,,535724,00.html. Retrieved 2012-01-14. ^ a b Cherry, Robert (2003-12-11). "Payable On Death : P.O.D. ...
- P.O.D. - Wikipedia, the free encyclopedia
[edit] Style and influences. The band's name, Payable on Death (P.O.D.), derives itself from the banking term "Payable on Death". The band chose this name to ...
- Payable On Death (POD) Definition | Investopedia
An arrangement between a bank or credit union and a client that designates beneficiaries to receive all the client's assets. The immediate transfer of assets is ...
- Amazon.com: Payable On Death: Music
Aussie edition of 2003 album features 14 tracks including 2 bonus tracks, ' Sleeping Awake' & 'Space' (The Phatheads Remix). Includes bonus video footage ...
- POD-Payable On Death | Facebook
POD-Payable On Death. 350348 likes · 7518 talking about this.
- (Payable On Death) P.O.D. - Southtown - YouTube
Feb 9, 2011 ... Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate tehnolev's comment. Sign in. Vote Down ...
- How Beneficiaries Can Claim Payable-on-Death Assets | Nolo.com
These days, people leave lots of property to inheritors by using "payable-on- death" (POD) or "transfer-on-death" (TOD) designations. The owner of the property ...