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I am a POD on my step fathers bank accounts. My concern is my two step brother's are pushing me to distribute funds to them. They are not listed POD
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If you are listed as the POD on the bank account, you should be the only person entitled to the proceeds in the account after the titleholder's death. Even if a testamentary document, such as a Last Will, states that others are to receive monies from that bank account upon the titleholder's death, the title to the bank account will control over the terms of the will.
If you would like to discuss this more, please feel free to reach out to me. Tel.: (561) 717-9854 Email: jordan@jwjacoblaw.com
Answered on Mar 15th, 2021 at 7:39 AM