Common use of Single Party Account Clause in Contracts

Single Party Account. Under this type of account ownership, the sole party to the account owns the account. If you open a Single Party Account without a Payable on Death (POD) designation, then upon your death, ownership of the account passes as part of your estate under your Will or by intestacy. If you make a POD designation, then upon your death, ownership of the account passes to the POD beneficiaries of the account and the account does not pass as part of your estate.

Single Party Account. Under this type of account Account ownership, the sole party Party to the account Account owns the accountAccount. If you open a Single Party Account without a Payable on Death (PODP.O.D.) designation, then upon your death, ownership of the account Account passes as part of your estate under your Will or by intestacy. If you make a POD P.O.D. designation, then upon your death, ownership of the account Account passes to the POD surviving P.O.D. beneficiaries of the account Account in equal shares and the account Account does not pass as part of your estate.

Single Party Account. Under this type of account Account ownership, the sole party to the account Account owns the accountAccount. If you open a Single Party single party Account without a Payable on Death (PODP.O.D.) designation, then upon your death, ownership of the account Account passes as part of your estate under your Will or by intestacy. If you make a POD designation, then upon your death, ownership of the account passes to the POD beneficiaries of the account and the account does not pass as part of your estate.a

Single Party Account. Under this type of account ownership, the sole party to the account owns the account. If you open a Single Party Account without a Payable on Death (POD) designation, then upon your deathyourdeath, ownership of the account passes as part of your estate under your Will or by intestacy. If you make a POD designation, then upon your death, ownership of the account passes to the POD beneficiaries of the account and the account does not pass as part of your estate.

Single Party Account. Under this type of account ownership, the sole party to the account Account owns the accountAccount. If you open a Single Party Account Account, upon your death and without a Payable on Death (PODP.O.D.) designation, then upon your death, ownership of the account Account passes as part of your estate under your Will will or by intestacy. If you make a POD designation, then upon your death, ownership of the account passes to the POD beneficiaries of the account and the account does not pass as part of your estate.

Single Party Account. Under this type of account Account ownership, the sole party Party to the account Account owns the accountAccount. If you open a Single Party Account without a Payable on Death (PODP.O.D.) designation, then upon your death, ownership of the account Account passes as part of your estate under your Will or by intestacy. If you make a POD designationP.O.D. designation and the P.O.D. beneficiaries survive you, then upon your death, ownership of the account Account passes to the POD beneficiaries of the account and the account does not pass as part of your estate.the

Single Party Account. Under this type of account Account ownership, the sole party Party to the account Account owns the accountAccount. If you open a Single Party Account is opened without a Payable on Death (POD) P.O.D. designation, then upon your the Party’s death, ownership of the account Account passes as part of your Party’s estate under your the Party’s Will or by intestacy. If you make a POD designationP.O.D. designation is made and the P.O.D. beneficiaries survive the Party, then upon your the Party’s death, ownership of the account Account passes to the POD P.O.D. beneficiaries of the account Account and the account Account does not pass as part of your the Party’s estate.

Single Party Account. Under this type of account ownership, the sole party to Owner of the account Account owns the accountAccount. If you open a Single Party Account without a Payable on Death (POD“P.O.D.”) designation, then upon your death, death ownership of the account Account passes as part of your estate under your Will or by intestacy. If you make a POD designationP.O.D. designation is made and the P.O.D. beneficiaries survive the Owner, then upon your the Owner’s death, ownership of the account Account passes to the POD P.O.D. beneficiaries of the account Account and the account Account does not pass as part of your the Owner’s estate.

Single Party Account. Under this type of account Account ownership, the sole only one party to the account owns the accountAccount. If you open a Single Party Account Account, upon your death and without a Payable on Death (PODP.O.D.) designation, then upon your death, ownership of the account Account passes as part of your estate under your Will or by intestacy. If you make a POD designation, then upon your death, ownership of the account passes to the POD beneficiaries of the account and the account does not pass as part of your estate.

Single Party Account. Under this type of account ownership, the sole party to the account Account owns the accountAccount. If you open a Single Party Account Account, upon your death and without a Payable on Death (PODP.O.D.) designation, then upon your death, ownership of the account Account passes as part of your estate under your Will or by intestacy. If you make a POD designation, then upon your death, ownership of the account passes to the POD beneficiaries of the account and the account does not pass as part of your estate.