Payable-on-Death (POD)

Ohio Probate and Estate Litigation Articles

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January 7, 2022
Payable-on-Death definition

Benefits & Disadvantages Payable-on-Death (POD) Accounts

Payable-on-Death (POD) Accounts Explained One goal of estate planning is to protect assets and reduce unnecessary probate complications. A payable-on-death account can be one tool for passing certain funds directly to a named beneficiary without routing those assets through the full probate process. While POD accounts […]