A POD account is a straightforward way to plan for the distribution of your assets.
It requires minimal documentation and legal intervention, making it a popular choice for those looking for a simple estate planning solution.
3. Control Over Your Assets
With a POD account, you retain full control over your assets during your lifetime.
You can change beneficiaries, withdraw money, or close the account at any time without any restrictions.
How to Get a POD Bank Form
1. Contact Your Bank or Credit Union
Reach out to your bank or credit union and inquire about their POD account options.
Most financial institutions offer this service, and they can provide you with the necessary forms and guidance.
2. Choose Your Beneficiaries