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Closed Point of Dispensing (POD) Program Instruction Manual For Dispensing Pills This manual provides guidance for coordinating with the Colorado Department of Public Health & Environment to function
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The Payable on Death (POD) program is a way for an individual to designate beneficiaries to receive assets such as money or securities upon the individual's death without going through probate.
Any individual who wants to designate beneficiaries to receive assets upon their death can file a POD program.
To fill out a POD program, an individual must provide their financial institution with the necessary information, including the names and contact information of the designated beneficiaries.
The purpose of a POD program is to ensure that assets are transferred directly to designated beneficiaries upon the individual's death, bypassing the probate process.
The information reported on a POD program typically includes the names and contact information of the beneficiaries, as well as details about the assets being transferred.
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