Monday, November 28, 2011

States With Transfer on Death Deeds

Transfer on death deeds are a great alternative to living revocable trusts in that they allow you to leave real estate outside of probate. One draw back is that you must name specific people, not a class, and there is no contingency planning. Either way, they are worth a closer examination if they are an option in your state. According to, the following currently offer Transfer on Death Deeds:
  • Arizona;
  • Arkansas;
  • Colorado;
  • Indiana;
  • Kansas;
  • Minnesota;
  • Missouri;
  • Montana;
  • Nevada;
  • New Mexico;
  • Ohio;
  • Oklahoma; and
  • Wisconsin
Remember, blog post is not legal advice. Please consult with an attorney licensed in your state for advice specific to your situation.

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