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Distribution of Funds to Multiple Beneficiaries

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What is the best website to obtain information by state regarding distribution of funds to multiple POD Beneficiaries when one of those beneficiaries have pre-deceased the owner?

A single website that would list the results for every state? There aren't any that I'm aware of.

States that based their laws on the model multiple party account statute would direct that if the beneficiary pre-deceased the owner the account would be distributed pro rata to the remaining beneficiaries. Check the law in the state where the money was located.

First published on 04/14/2014

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