You can’t wander far into the Texas estate planning forest without coming across a Transfer on Death Deed. So, what is that and why on earth would you ever want one? We’ll use an easy example. Suppose ...
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 ...
One of the hardest decisions a homeowner has to make is what will happen to their house when they die. Most are eager to leave their assets to their family—and hopefully with as much ease as possible ...
A ladybird deed can be helpful for a lot of reasons. It can be used to avoid probate, because once the grantor dies, the grantee owns the property. earleliason / Getty Images There are a nickel’s ...
Q: I am an 81-year-old divorced, retired educator. I have a will and advance directive which were drawn up by an attorney who is now deceased. I would like to get a Transfer on Death Deed to pass my ...
In some states, such as Connecticut, if you own real estate when you die, the property will pass to your heirs through the probate process. More than 20 states, however, allow deeds to be registered ...
A grantee beneficiary is typically named in legal documents like a trust or a transfer-on-death deed. This designation allows the original asset owner (the grantor) to specify who will receive the ...
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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.