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Legal & financial

payable-on-death (POD)

Bank designation transferring funds at death without probate.

  • Glossary

These definitions are plain-language summaries for orientation — not legal or clinical advice. Program rules, eligibility, and rates change. Confirm details on the official sources linked below or on the related Knowledge Hub guides before making decisions.

Definition

In senior care, Payable-on-death (POD) refers to bank designation transferring funds at death without probate.

These tools affect who can make medical and financial decisions, how assets are protected, and how care is paid for over many years.

Documents must be executed correctly under state law. For high-stakes decisions — especially when capacity is in question — consult an elder law or estate planning attorney licensed in California.

Learn more on the Knowledge Hub