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The Nelson Mobile Food Pantry has been rescheduled for Tuesday, October 8. In the meantime, please visit our Food Finder tool to find food near you.

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Financial Account Transfers

What are Transfer-on-Death (TOD) and Payable-on-Death (POD) provisions?

A Transfer-on-Death (TOD) is generally only used for investable assets, such as securities, bonds, and mutual funds. A Payable-on-Death (POD) provision is very similar to a TOD, but it deals with savings accounts, money market accounts, and CDs. You can also transfer Totten Trusts and some checking accounts. Through a TOD or POD arrangement, you can bypass the delays and costs associated with probate and qualify for an estate tax charitable deduction. You do not have to work with an attorney or accountant or prepare or revise a will.

TOD and POD provisions are fully reversible; you can change or remove the designation at any time prior to your death, in almost all cases without cost. It is important to note that state laws govern TOD and POD designations. Your financial institution will provide the correct forms based on your state of residence.

To name the Blue Ridge Area Food Bank as the recipient of a TOD or POD, you will need to notify the manager of your financial institution and complete the necessary designation forms. Please be sure to include our complete information so your gift will be processed accurately.

For more information, please contact Karen Ratzlaff at (540) 213-8404.

Join The Will to End Hunger Society and let us know if you name us as a beneficiary of a TOD or POD. Download the Statement of Gift Intention Form and return it to us.

Planned Gifts

Review all legacy gift options.