If you have a joint account- my bank said you don’t need a POD
2026-06-30 21:50:51
2510
DebbDebb :
People don’t always realize these types of allocations have to be “designed” because not everyone has the same requirements. Especially when getting older & may need elder care, nursing home etc. I’m retired (early) and I have to think of what will happen to my funds/assets once I have any health needs or have to go to a nursing home. My dad is now in a nursing home & we had to liquidate all his assets to pay for his care & stay there. Then apply for Medicaid* once all his funds got used up. Those funds just under a million got used up FAST! & then Medicaid charged a penalty…
2026-08-07 02:41:35
1
Emily Delagarde :
Why do they make it so complicated??? Why?
2026-06-30 12:00:28
4786
rachael.d.in.cali :
Wait, why don’t you just have a joint account?
2026-08-06 22:53:53
0
Jessie :
My parents passed away 4ysars ago and we’re still going through probate proceedings. 🥺 sad ppl who are grieving have to go through this
2026-06-30 15:42:52
2368
dinafromthemahala :
Just add her as an authorized user. Free.
2026-08-06 22:41:38
0
Dilani :
Banks will NOT tell you about this when you open accounts. It's crazy!
2026-06-30 20:32:52
1142
Dana 🖤 :
This should be offered when the account is being set up.
2026-07-01 00:57:56
966
Ms.Ellison :
I added my Son as beneficiary on all my bank accounts. I put together a notebook for him. My will, deed to house, all bank accounts with pin #, TSP info, Annituity account info, life insc policy, copies of beneficiary and PODs forms and anything else I think he may need. Also, included who to contact to access everything. Took a retirement class, they cover all this info. Get your paperwork in order. ❤️
2026-07-10 15:59:14
63
Jonathan :
Or you set up a Joint Account with Rights of Survivorship.
2026-06-29 14:57:18
522
jfredricks :
But quick to send you a bill if he owed anything 🫠
2026-06-30 21:15:59
121
Grace :
You can put a beneficiary down or like my wife and I do, our names are on both accounts for everything. The heartache is enough while grieving.
2026-08-03 18:02:30
9
Catastrophe :
Banks should explain that to you when opening account
2026-07-03 16:18:54
48
twotailed_blueox :
This should be illegal
2026-07-02 00:40:38
37
unapologetically me :
nope all you have to do is make them Joint account holder on all your account they automatically get rights of survivor ship and NO probate court !
2026-06-30 17:00:19
97
Menace to society :
stop using banks
2026-06-30 20:33:50
44
country living :
I was able to withdraw my mom’s checking account because it was under 10 K. POD and TOD are not available in Pennsylvania.
2026-08-05 10:47:14
10
B.S. :
should be illegal for banks to open accounts without a beneficiary
2026-07-01 16:29:25
5
Rasha :
Add beneficiaries on ALL your accounts, banks, money markets, lift insurance ect. Soo important.
2026-07-06 00:18:16
6
It’s Just Juice! 🖕🏻🧊🧊🖕🏻 :
These are things that should be taught in school. Essential stuff most people will have to go through.
2026-06-30 18:36:09
38
Diana Brown :
A joint bank account will do the trick, they have rights of survivorship , it's simple
2026-08-04 16:05:57
8
Tiffany Smith :
going through probate is tedious but inexpensive. best thing to do is make sure you have a will and set up beneficiary
2026-07-01 02:03:36
19
I-dont-reply :
how does the bank know your husband is dead
2026-06-30 09:14:39
442
Linds :
This also applies to parents, etc. set up TOD, POD, and designate beneficiaries.
2026-07-02 16:02:57
5
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