how do you set up a pod account 
a bank account or cd can be set up as a pod account by completing forms that designate the beneficiary or beneficiaries upon the death of the account owner this is a simple process that can be accomplished online by completing the beneficiary section that includes the full name address and social security number of the beneficiary the bottom linepod account designations are important to set up for any bank accounts that an individual has to avoid the costs and delays involved with probate court unfortunately many people don t go to the trouble to make beneficiary designations when setting up accounts and their heirs must incur the cost of probate upon the death of the account holder this underscores the need for this element of estate planning 