Immediate Cash from Safe Investments by Tucker James F.;

Immediate Cash from Safe Investments by Tucker James F.;

Author:Tucker, James F.;
Language: eng
Format: epub
ISBN: 4398670
Publisher: University Publishing Association


Co-ownership: Registration in the names of two individuals, joined by the word “or.” Transaction requests may be signed by either co-owner. This form of registration creates a conclusive right of survivorship. Example: Robert Woods or Laura Woods.

Beneficiary: Registration in the name of one individual, followed by the words “payable on death to” (“P.O.D.”) another individual. If a minor or an incompetent is named as the beneficiary, the beneficiary’s status must be identified in the registration. Transaction requests may be signed by the owner and do not require the consent of the beneficiary Ownership rights are transferred to the beneficiary only after death of the owner. Example: Jack S. Jones, payable on death to Marie Jones.

Also, John Perry, P.O.D. John Perry, Jr., a minor.



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