Law Dictionary

P.O.D. account

noun \ˌpē-ˌō-ˈdē-\

Legal Definition of P.O.D. account

  1. :  an account payable on request to an original party or upon the party's death to one or more designated beneficiaries

Additional Notes on p.o.d. account

A P.O.D. account is one of the few vehicles for the transfer of a decedent's property outside of probate.

Origin and Etymology of p.o.d. account

Payable On Death


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