Pay on Death (POD) accounts pass to the designated survivor. Savings bonds often are POD accounts. In these accounts, the property is transferred directly to the beneficiary at the time of death and is free of probate.
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12/23/2014 by Frederick R. Franke, Jr.
Pay on Death (POD) accounts pass to the designated survivor. Savings bonds often are POD accounts. In these accounts, the property is transferred directly to the beneficiary at the time of death and is free of probate.
We could not be more satisfied with the service provided by the Law Office of Frederick R. Franke, Jr. LLC in Annapolis. Fred and his entire team provided excellent, professional, understandable advice and counsel to us as we updated wills, established a trust and executed advance health care directives. Most highly recommended!
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