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A payable on death (POD) form is a legal agreement that designates a beneficiary to receive an account's assets after the account holder's death. It's a free way to avoid probate and ensure assets are distributed according to the account holder's wishes. Here's what to know about POD forms: Benefits POD accounts can provide beneficiaries with immediate cash access after the account holder's death. They can have multiple beneficiaries and typically override other estate planning documents. Drawba
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