Mail papers to Bank Operations, Sallie Mae Bank, 175 S West Temple, Suite 600, Salt Lake City, UT 84101.

Mail papers to Bank Operations, Sallie Mae Bank, 175 S West Temple, Suite 600, Salt Lake City, UT 84101.

What exactly is a Payable on Death account? A Payable on Death (POD) account, also referred to as a Totten or casual trust account, is a straightforward option to disperse assets upon death. Circulation of assets for payees, or individuals to who cash is compensated or will likely to be compensated, of POD records does occur without going right on through probate. Continue reading “Mail papers to Bank Operations, Sallie Mae Bank, 175 S West Temple, Suite 600, Salt Lake City, UT 84101.”