A Transfer-on-Death Designation Real Estate Affidavit provides for the transfer of the title for your real estate to one or more persons after your death without having to administer your real estate through the Probate Court.
The process is simple in that an affidavit is prepared designating your transfer-on-death designation beneficiaries to receive the title for your real estate after your death. The real estate affidavit is then recorded with the County Recorder in which the real estate is located.
A Transfer-on-Death Designation Real Estate Affidavit is not without any issues or complications. This type of real estate transfer affidavit may not be beneficial in all situations, and can lead to complications. Your attorney can advise you if a Transfer-on-Death Designation Real Estate Affidavit can be a beneficial part of your estate planning.
The attorneys at Bailey & Gunderson Co., L.P.A., with offices in Norwood and Western Hills at 513-631-0022, can answer your questions about a Transfer-on-Death Designation Real Estate Affidavit.
