Beneficiary Liabilities and Transfer on Death Deeds.
The California Revocable Transfer on Death Deed (“TOD Deed”), effective January 1, 2016, is intended as an inexpensive alternative to the revocable living trust for persons of modest means to transfer their noncommercial, residential real property without probate. Unfortunately, it poses numerous risks and drawbacks to the beneficiary upon the death of the grantor, as […]
posted on: April 8, 2016
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