Transfer on Death Deed Disadvantages

When it comes time to get your affairs in order, it’s important to remember that the easiest option may not always be the best option. People sometimes get intimidated by the idea of making a trust or setting up a power of attorney, so they jump at any solution that seems easier than the rest. This is where a transfer on death deed starts to look more attractive.  What is a Transfer of Death Deed?  A transfer of death deed is a way for the owner of real property to appoint someone (beneficiary) to receive the property upon the owner’s.

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