Legal Question in Wills and Trusts in Virginia

My father passed away and I am the Point of Death beneficiary on his banking accounts, is any of my siblings entitled to any of these accounts or funds? Do I have to give up these funds, since I am the only beneficiary named on the accounts?


Asked on 8/16/09, 11:57 am

1 Answer from Attorneys
Daniel Press Chung & Press, P.C.

If they are POD ("payable on death") to you, they are yours.

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Answered on 8/22/09, 9:02 pm


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