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Learn how homestead exemptions can reduce your property taxes and
how a Transfer on Death Deed can ensure your home is passed on to your heirs.
Explore the steps below!
We are not lawyers, please seek the legal advice of an attorney before making a transfer on death deed.
What is a Transfer On Death Deed?
You may want to use a transfer on death when you own real estate, such as a house or land, and you want to give that property to someone else when you die. It does not involve going through probate court, which is what happens when you have a “will,” which can be a long and expensive process.
A transfer on death deed does not affect any of your property rights during your lifetime. It only takes effect after its death.
– The designated beneficiary has no legal right to the property until death.
– A deed of transfer on death trumps a will.
A transfer by death deed does not protect the property from the claims of creditors.
For a Legal Consultation
Rudy M. Vasquez
Attorney
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