Harvey owns a certificate of deposit listed as: "Harvey, payable on proof of death to April." On Harvey's prior death, the CD is not subject to probate.

Name: Harvey owns a certificate of deposit listed as: "Harvey, payable on proof of death to April." On Harvey's prior death, the CD is not subject to probate.
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Question

Quizplus · Accepted Answer

The CD is designed to bypass probate and pay out directly to April upon proof of Harvey's death.

Harvey Owns a Certificate of Deposit Listed As: "Harvey, Payable