119 | Are Your Bank Accounts Set Up Properly To Bypass Probate? Your Money, Your Rules | Financial Freedom, Money Management, Abundance Mindset, Budgeting, Financial Planning podcast

Got a question? Send me a text.

Do you have the proper beneficiary designations setup on your bank accounts? In this episode, I dive into the overlooked yet essential role of Payable on Death (POD) designations in estate planning.

Whether you have a will, trust, or both, your plan might still not include properly designated PODs on your bank accounts, CDs, and money market funds.

In this episode I discuss:

What a POD (or TOD) designation actually does
How PODs help your loved ones avoid probate delays
The simple, free process to set them up through your bank
Common mistakes—like assuming joint accounts are enough
Why naming minors as POD beneficiaries isn't recommended

Want to learn more or connect with me?

Step 1: Join my FREE Facebook Community.

Connect, share, and learn how to master your money with other women just like you.

➡️ Join here: https://www.facebook.com/groups/941450038160915

Step 2: Grab your FREE Human Design chart

Curious what your Human Design chart reveals about how you're uniquely designed to make aligned financial decisions?

➡️ Get your chart here: https://generatealifewelllived.com/receive-your-human-design-chart

Step 3: Ready to transform your relationship with money and build true financial confidence?

Let’s create a plan that feels aligned, intentional, and empowering—just for you.

➡️ Schedule your free clarity call here (https://tidycal.com/eringray/30-min-call-with-erin)

Money doesn't have to feel overwhelming. Let's create a plan that feels nurturing and custom to you.

From my soul to yours,

Erin

Got a question? Send me a text.

Do you have the proper beneficiary designations setup on your bank accounts? In this episode, I dive into the overlooked yet essential role of Payable on Death (POD) designations in estate planning.

Whether you have a will, trust, or both, your plan might still not include properly designated PODs on your bank accounts, CDs, and money market funds.

In this episode I discuss:

What a POD (or TOD) designation actually does
How PODs help your loved ones avoid probate delays
The simple, free process to set them up through your bank
Common mistakes—like assuming joint accounts are enough
Why naming minors as POD beneficiaries isn't recommended

Want to learn more or connect with me?

Step 1: Join my FREE Facebook Community.

Connect, share, and learn how to master your money with other women just like you.

➡️ Join here: https://www.facebook.com/groups/941450038160915

Step 2: Grab your FREE Human Design chart

Curious what your Human Design chart reveals about how you're uniquely designed to make aligned financial decisions?

➡️ Get your chart here: https://generatealifewelllived.com/receive-your-human-design-chart

Step 3: Ready to transform your relationship with money and build true financial confidence?

Let’s create a plan that feels aligned, intentional, and empowering—just for you.

➡️ Schedule your free clarity call here (https://tidycal.com/eringray/30-min-call-with-erin)

Money doesn't have to feel overwhelming. Let's create a plan that feels nurturing and custom to you.

From my soul to yours,

Erin

Podcasts Worth a Listen

Your Money, Your Rules | Financial Freedom, Money Management, Abundance Mindset, Budgeting, Financial Planning « »
119 | Are Your Bank Accounts Set Up Properly to Bypass Probate?

Chapters

1. Introduction to POD Designations (00:00:00)

2. Understanding PODs and Their Importance (00:01:42)

3. Common Misconceptions About Beneficiaries (00:04:44)

4. How to Set Up Your PODs (00:06:45)

5. Overcoming Resistance to Estate Planning (00:08:41)

6. Call to Action and Closing Thoughts (00:11:36)