Part of planning for the future involves getting your estate in order, and determining who you want your assets to pass to when you die. If you have real estate property, and want it to transfer to ...

On April 20, 2024, New York State adopted legislation that allows for so-called transfer-on-death (TOD) deeds as part of its Fiscal Year 2025 Executive Budget. The TOD Deed Law, which takes effect on ...

Q: I’ve been researching estate planning and I came across Lady Bird deeds. They appear to be the same as Transfer on Death deeds. Is there any difference between the two and is one preferable over ...

Transfer on Death (“TOD”), also known as Payable on Death (“POD”), account registrations are a popular way to avoid the requirement to pass assets through probate upon death and operate as an ...

When a person dies, they might expect their remaining assets to follow a common sense line of succession, passing first to their spouse, then to their children. But even when these lines of succession ...

Let’s take a moment and look at a probate avoidance document called the Transfer on Death deed. Suppose Sally owns a house and wants her good friend Dave to have it when she dies. How does she make ...

New York recently enacted legislation to allow transfer-on-death (TOD) deeds for New York property, becoming the 30th state (including Washington, D.C.) to pass a TOD law. Effective on July 19, 2024, ...

Q: When I checked to see if my home was put into my trust, I discovered my home was still in my name but is TOD into my trust. Is this going to be a problem? A: Let me start by saying that you are not ...

Abandoned homes can be a common sight in parts of Omaha. One organization is working to change that by making sure homeowners have a clear owner designated to take over after they pass away.

Q: I signed and recorded a Transfer on Death Deed in 2016. It was the first version of the form. My concern is that the TODD may not be acceptable by some title companies. What would be your take on ...

That's exactly what happened to Margaret Miller after her husband, David, unexpectedly died only two years after they put their shared assets in a revocable living trust, the Cape Gazette reports.