Legal Question in Banking Law in Missouri
Payable on death's
Can an individual account have the same person named as a Power of Attorney and as Payable on Death?
Asked on 3/25/09, 3:18 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: Payable on death's
Yes- POA/POD situations arise all the time, usually for parent/child situation.Just remember POA expires on death.
Call or email for assistance.
Answered on 3/25/09, 4:03 pm
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