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#1011673 - 08/04/08 05:53 PM POD Clarification
mdog76 Offline
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Joined: Jan 2007
Posts: 645
We have a customer that is wondering about payable upon death accounts. She wants to set up four POD accounts for her four grandchildren. Two of them are minors. She is wondering what happens to the money payable to the minors if she dies before they turn 18. Will the money be frozen until 18th birthday, or will it fall back to the exectutor of the estate, or something else? Just wanting some clarification.

Thanks.

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#1011689 - 08/04/08 06:04 PM Re: POD Clarification mdog76
Ray_ Offline
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Joined: Aug 2006
Posts: 879
Dallas, TX

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