15 Guam Code Ann. § 856
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Terms Used In 15 Guam Code Ann. § 856
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
Registration in beneficiary form may be shown by the words
‘transfer on death’ or the abbreviation ‘TOD,’ or by the words ‘pay on death,’ or the abbreviation ‘POD,’ after the name of the registered owner
and before the name of a beneficiary.
‘transfer on death’ or the abbreviation ‘TOD,’ or by the words ‘pay on death,’ or the abbreviation ‘POD,’ after the name of the registered owner
and before the name of a beneficiary.