Take the balance and transfer it to yours before they pass,, only leave the last if on SSI leave the last SSI check there it goes back to ssi also I had a pod
1. Yes if your wife had a bank account in her name and you had one in your name , When she passes you don't get that money PUBLIC TRUSTEE STEPS IN
2. A WILL MEANS ABSOLUTELY NOTHING, Take these words literally . A Will serves only 1 purpose you can rely on ……. If you don't have a will BY DEFAULT the entire estate goes to the state. so absolutely make a will, But don't think that your last will and testament will be respected or followed. i speak from personal experience
3. HERE IS WHAT YOU DO . First, When your partner is alive ensure YOUR BANK ACCOUNTS ARE IN BOTH NAMES AND YOU ARE BOTH ACCOUNT HOLDERS WITH UNLIMITED ACCESS. not one primary account holder and a secondary. No No… BOTH PRIMARY
that way when she passes, THAT MONEY IS AUTOMATICALLY YOUR MONEY AND LEGALLY DOES NOT FORM PART OF THE ESTATE
The POD thing is a waste of time
THE ONLY SURE WAY TO ENSURE YOUR WISHES ARE RESEPECTED ARE….
a) Give the person who you want to have stuff… Your stuff before you pass away . that way when you pass you die with nothing in the estate.
b) ANY WILL CAN BE CONTESTED
c) if a will is contested IT AUTOMATICALLY BECOMES NULLIFIED therefore……. A Will means nothing
This is so true…my sis had a colleague whose husband passed away…when the family decided to claim and withdraw the money his husband left from the bank she was told to prepare necessary papers as proof of the relationship with the deceased… everything was accomplished and complied with… but…the money was never given to the family… so here is my advice: always have a joint account with your spouse not just and but and/or meaning even if one is absent the other can claim in case of death…
> ⚠️ Important: POD accounts are for individual accounts, not jointly owned accounts. If you already have a joint account with your spouse, she/ he likely already has full access, but confirm with the bank.
1. Understand the “POD” Concept
POD = Payable on Death (sometimes called “Totten Trust”).
It allows the account owner(s) to name one or more beneficiaries who automatically receive the funds when the owner dies.
Key benefit: It bypasses probate. The bank transfers the money directly to the named beneficiary.
—
2. How to Set Up a POD Account
1. Contact your bank: Ask for their POD designation form (sometimes online or in-person).
2. Fill out the form:
List the beneficiary name (your wife) exactly as it appears on her ID.
Include her date of birth for clarity.
Specify whether it applies to the current account balance only or also future deposits.
3. Submit the form: The bank will update your account to reflect the POD beneficiary.
4. Confirmation: Make sure to get written confirmation from the bank.
Just finished a probate for a friend. The lawyer fee was $6500😮 10 days to even get started at the bank another 25 days for the bank to release funds from the account to the lawyer. Was a beneficiary on a Tax Free Savings account, and I received those funds at 14 days direct deposit. Make sure you have a joint account with your spouse that will make things easier for accessing funds.
But what if I am on his accou t. I have access to pay bills transfer. Still, i nedd a effing pod. ?
Thank u
Where there's a Will, there's a Way. 😂
Where does one do this?? With the bank?
Small Estate Affidavit, if less than $100k
Take the balance and transfer it to yours before they pass,, only leave the last if on SSI leave the last SSI check there it goes back to ssi also I had a pod
Or just make it a joint account
Take all the money out before you tell the bank a loved one has passed …simple
they will want to kill you then to get the money
Or just add yourself to the account before death.
Just take her card and pull all the money out he's dead they won't catch on to it it's your wife's shit the bank is corrupt
Do you set up a POD with your bank or what?
yep i did POD AND TOD ON CARS
LOL………. Amateurs
1. Yes if your wife had a bank account in her name
and you had one in your name ,
When she passes you don't get that money
PUBLIC TRUSTEE STEPS IN
2. A WILL MEANS ABSOLUTELY NOTHING,
Take these words literally .
A Will serves only 1 purpose you can rely on …….
If you don't have a will BY DEFAULT the entire estate goes to the state.
so absolutely make a will, But don't think that your last will and testament will be respected or followed.
i speak from personal experience
3. HERE IS WHAT YOU DO .
First, When your partner is alive ensure YOUR BANK ACCOUNTS ARE IN BOTH NAMES AND YOU ARE BOTH ACCOUNT HOLDERS WITH UNLIMITED ACCESS.
not one primary account holder and a secondary.
No No… BOTH PRIMARY
that way when she passes, THAT MONEY IS AUTOMATICALLY YOUR MONEY AND LEGALLY DOES NOT FORM PART OF THE ESTATE
The POD thing is a waste of time
THE ONLY SURE WAY TO ENSURE YOUR WISHES ARE RESEPECTED ARE….
a) Give the person who you want to have stuff… Your stuff before you pass away .
that way when you pass you die with nothing in the estate.
b) ANY WILL CAN BE CONTESTED
c) if a will is contested IT AUTOMATICALLY BECOMES NULLIFIED
therefore……. A Will means nothing
Married people must have joined account even if one dies, you still have an access to account free
❤❤❤❤❤❤❤❤❤❤
how about join account ?
The banks will be hating you boys 😂
Wells Fargo said we should do it. We did years ago. My sister is on all my mothers accounts. People should know this information.
Thank you, will speak to my husband in the morning by God's grace well can get this done, thank you so much 🙏
I had that happen to me
Thanks
Do not leave a bank account with your name only..
Is this applies to any country? Montrealer here. Thanks.
Bank lies alot
Does it work the same for children?
Is that possible to do to adult children
Not in the UK. In UK you need to have Joint accounts and , look at your Lease to your property, and NOT have "Tenants in Common"
This.
Can you set up both people's names on the account?
Bank of America offers this within their online banking site
Muchas gracias ❤
This is so true…my sis had a colleague whose husband passed away…when the family decided to claim and withdraw the money his husband left from the bank she was told to prepare necessary papers as proof of the relationship with the deceased… everything was accomplished and complied with… but…the money was never given to the family… so here is my advice: always have a joint account with your spouse not just and but and/or meaning even if one is absent the other can claim in case of death…
What if I am single?
He stated you will need to hire a Lawyer for probate and say it’s free how is it free if you need a to hire a lawyer that’s expensive right there
I just looked this up in NZ and it also applies here. I will be doing this with my ASB
Do not trust the bank. Mena Arkansas PolkCo USA Today.
What about a joint account?
> ⚠️ Important: POD accounts are for individual accounts, not jointly owned accounts. If you already have a joint account with your spouse, she/ he likely already has full access, but confirm with the bank.
1. Understand the “POD” Concept
POD = Payable on Death (sometimes called “Totten Trust”).
It allows the account owner(s) to name one or more beneficiaries who automatically receive the funds when the owner dies.
Key benefit: It bypasses probate. The bank transfers the money directly to the named beneficiary.
—
2. How to Set Up a POD Account
1. Contact your bank: Ask for their POD designation form (sometimes online or in-person).
2. Fill out the form:
List the beneficiary name (your wife) exactly as it appears on her ID.
Include her date of birth for clarity.
Specify whether it applies to the current account balance only or also future deposits.
3. Submit the form: The bank will update your account to reflect the POD beneficiary.
4. Confirmation: Make sure to get written confirmation from the bank.
First, why trust your money to another person or bank? 😂
All I had to do was present my mother's death certificate and my ID to a physical bank.. That wasn't hard..is this all new?
You can also do a trust like that with your properties so no lawyer needed if you die goes straight to whomever
Even if you are joint account with your spouse?
You are extremely good looking 😊
Just finished a probate for a friend. The lawyer fee was $6500😮 10 days to even get started at the bank another 25 days for the bank to release funds from the account to the lawyer. Was a beneficiary on a Tax Free Savings account, and I received those funds at 14 days direct deposit. Make sure you have a joint account with your spouse that will make things easier for accessing funds.
Bank scam ?or Government robbery.. buy crypto