If you own real estate that you want to pass on to a loved one, you should set up a transfer on death deed. This deed will make sure that the property goes to your beneficiaries when you pass-rather than staying in limbo while your loved ones go through probate. To learn more, call Helen Barrett Fanning, Attorney at Law to speak with an estate planning lawyer.
Often times, people pass on with only their home as their major asset. A Will does not avoid the probate process. Setting up a transfer on death deed is an eaay way to make sure that your home goes to the people you love without delay in the event of your death. Before you incorporate a transfer on death deed into your estate plan, there are a few things you should know: