Answer:
Assets of the trust would be distributed according to the trust agreement. A POD on a trust account should not be allowed. The trust does not die, unless it is extinguished by the trustees under the terms of the trust agreement.
Payable on Death Beneficiary on Trust Acct?
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Question:
Can you list a payable on death beneficiary on a Trust account? If so, what is the point of putting your accounts in a trust?
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