Thursday, August 11, 2011

Can you Put POD onto Warbonds??? OR are they not sold like that?

If you make the bonds payable on death directly to someone then they do not p through your will. This is called beneficiary designation and it's done all the time in reference to life insurance policies. Life insurance and other pay-on-death things are paid directly to the named beneficiary, and it is up to the beneficiary to claim the death benefit otherwise the stuff will just sit around forever.

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