When a CD is in the name of X, and X dies, and the certificate is POD to A, B, and C. If C is deceased, should the CD be divided equally between A and B, or should C's heirs share in the CD proceeds?
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You have raised a state law issue. The answer can vary from state to state and will also depend on whether X or C died first. Discuss your question with an attorney conversant with the laws of the state or states in which X and C resided when they died.
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You have raised a state law issue. The answer can vary from state to state and will also depend on whether X or C died first. Discuss your question with an attorney conversant with the laws of the state or states in which X and C resided when they died.
