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A transfer on death deed is quite simple: you just name the person (or persons) who you want to inherit your property after you pass away. Once this document is signed and filed with your local ...
Further Reading. David Major, Revocable Transfer on Death Deeds: Cheap, Simple, and Has California's. Trusts & Estates Attorneys Heading for the Hills, 49 SANTA CLARA L. REV. 285 ...
The Law Office of Whitney L. Thompson is a Houston-based firm focused on estate planning and probate matters. Led by Whitney ...
More people are having to decide whether to sell a home that has soared in value and pay a big capital-gains tax bill, or hold on to it to give to their children tax-free after they die.
In one case that Singer handled, an 80-year-old man left his girlfriend his $700,000 house via a transfer on death deed. She got a surprise $25,000 tax bill to pay her share of the Illinois estate ...
This Delaware bill proposes an easier way for homeowners to pass down property, preventing tangled titles and avoiding probate.
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 ...
Continue reading → The post How a Transfer on Death Deed Works appeared first on SmartAsset Blog. Part of planning for the future involves getting your estate in order, and determining who you ...
Continue reading → The post How a Transfer on Death Deed Works appeared first on SmartAsset Blog. Part of planning for the future involves getting your estate in order, ...
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 ...