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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Limit access to an investor's account to just yourself... Posted by Dawn on May 31, 2009 at 5:31 PM In Reply to: Re: Limit access to an investor's account to just yourself... posted by George Castleberry on May 31, 2009 at 10:18 AM Hi George, I'm not in the legal profession, but in my activities, I was advised that a simple way for monies in a bank can simply go the person of choice with a simple POD (paid on death), a lot of folks think that it is for relatives only, but you can assign (pass on/no pun intended) the funds to whomever you wish or several people for that matter (put in %) so as not to need an attorney to draw up a doc. Otherwise, even if the guys wife is not on the account, it would need the courts to decide who has the legal right to the funds, which could take time and money. Who likes attorneys any waste, I mean ways! Just joking seriously! : Dawn, : What is a POD? : ****** and make sure you put a POD to your investor. ****** Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Hi George, : I'm not in the legal profession, but in my activities, I was advised : that a simple way for monies in a bank can simply go the person of : choice with a simple POD (paid on death), a lot of folks think that : it is for relatives only, but you can assign (pass on/no pun intended) : the funds to whomever you wish or several people for that matter (put in %) : so as not to need an attorney to draw up a doc. Otherwise, even if the : guys wife is not on the account, it would need the courts to decide : who has the legal right to the funds, which could take time and money. : Who likes attorneys any waste, I mean ways! Just joking seriously! : : : Dawn, : : What is a POD? : : ****** and make sure you put a POD to your investor. ****** [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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