Opinion ID: 1736103
Heading Depth: 1
Heading Rank: 20

Heading: Reimbursement of Monroe's Gift to Helen

Text: Monroe's $10,000 check payable to Helen, written days before his death, was drawn on the First Federal Lincoln Bank account which was POD to Tipp. Under Nebraska law, [a] beneficiary in an account having a POD designation has no right to sums on deposit during the lifetime of any party. Neb.Rev.Stat. § 30-2722(c) (Reissue 1995). The owner retains sole ownership, and only the owner may withdraw the proceeds or change the named beneficiary during the owner's lifetime. Crosby v. Luehrs, 266 Neb. 827, 669 N.W.2d 635 (2003). Thus, Monroe's act of making a gift from a POD account created no right of reimbursement in Tipp, the POD beneficiary, after Monroe's death. The county court did not err in ordering Tipp to repay the $10,000 reimbursement she made to herself from the assets of the trust.