2010 Pennsylvania Code
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 64 - Transfer on Death Security Registration
6410 - Terms, conditions and forms for registration.

     § 6410.  Terms, conditions and forms for registration.
        (a)  Terms and conditions.--A registering entity offering to
     accept registrations in beneficiary form may establish the terms
     and conditions under which it will receive requests for
     registrations in beneficiary form and for implementation of
     registrations in beneficiary form, including requests for
     cancellation of previously registered TOD beneficiary
     designations and requests for reregistration to effect a change
     of beneficiary. The terms and conditions so established may
     provide for proving death, avoiding or resolving any problems
     concerning fractional shares, designating primary and contingent
     beneficiaries and substituting a named beneficiary's descendants
     to take in the place of the named beneficiary in the event of
     the beneficiary's death. Substitution may be indicated by
     appending to the name of the primary beneficiary the letters
     "LDPS," standing for "lineal descendants per stirpes." This
     designation substitutes a deceased beneficiary's descendants who
     survive the owner for a beneficiary who fails to so survive, the
     descendants to be identified and to share in accordance with the
     law of the beneficiary's domicile at the owner's death governing
     inheritance by descendants of an intestate. Other forms of
     identifying beneficiaries who are to take on one or more
     contingencies, and rules for providing proofs and assurances
     needed to satisfy reasonable concerns by registering entities
     regarding conditions and identities relevant to accurate
     implementation of registrations in beneficiary form, may be
     contained in a registering entity's terms and conditions.
        (b)  Forms.--The following are illustrations of registrations
     in beneficiary form which a registering entity may authorize:
            (1)  Sole owner-sole beneficiary: John S. Brown TOD (or
        POD) John S. Brown, Jr., or John S. Brown TOD to Sally Smith,
        trustee under my trust (under will or deed) dated.
            (2)  Multiple owners-sole beneficiary: John S. Brown Mary
        B. Brown JT TEN TOD John S. Brown, Jr.
            (3)  Multiple owners-primary and secondary (substituted)
        beneficiaries: John S. Brown Mary B. Brown JT TEN TOD John S.
        Brown, Jr., SUB BENE Peter Q. Brown or John S. Brown Mary B.
        Brown JT TEN TOD John S. Brown, Jr., LDPS.