Sunday, February 28, 2021

Transfer on Death Deed - Pass along property...

What is a Transfer on Death Deed?

I found this especially interesting -- just to pique your interest.. get official legal advice for your own situation - you can ASK about this.. 

Transfer on Death Deed (sometimes called a TODD) is a simple way to transfer real estate to someone else after you die. With a properly recorded Transfer on Death Deed, no probate is needed to transfer the real property. If you don’t have a will or a Transfer on Death Deed, your real estate must go through the probate court and your property will pass to your heirs according to Texas law. Probate can be lengthy and expensive, with attorney fees and court costs paid from your estate. With a Transfer on Death Deed, you can avoid probate and decide in advance who should inherit your real property interest. 

https://texaslawhelp.org/resources/transfer-death-deed-forms  Read about it, consult a lawyer.. 

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