Sentence examples for payable on death from inspiring English sources
There are also decreasing term policies where the sum payable on death reduces over the course of the term.
P.O.D. (which stands for Payable on Death), whose manager used to run a Christian rock club, is no anomaly.
Sonny Sandoval of the Southern California band Payable on Death must have seen that movie once or twice, since he repeatedly restaged that scene Friday at Roseland.
One rap-metal band doesn't use four-letter words in songs or between them: P.O.D., which stands for Payable on Death.
For a glimpse into the troubled nature of the music industry in the 21st century, just conduct the following experiment: Ask five people who buy the new P.O.D. album, "Payable on Death," what persuaded them to make the purchase.
If the parents don't want the adult child to have unfettered access until after they die, they can add a "payable on death" provision to most bank accounts; and if there is a joint owner, it will go to the beneficiary after the second owner dies.
Some common assets that do not go through probate include:[8] joint tenancy property property placed in a living trust household goods and other property that goes to immediate family members under state law payable-on-death bank accounts life insurance proceeds retirement accounts (IRAs, 401k's and others) securities registered in transfer-on-death form personal property in "small estates".
Recognising also that substantial death duties would become payable on his death, Richard drew up a will based around a trust that would allow his fortune to pass to the surviving children of his brother and half sister, a total of 19 beneficiaries.
But they said the rent was only payable "on demand" and they weren't demanding it.
"So one could opt out of paying your premium but remain part of the scheme – and there would be a charge on your estate payable on your death as part of the inheritance tax care duty".
