Here is how the Transfer on Death Deed works:
Step 1) After the deed is created, the owner or owners sign it before two disinterested witnesses and a Notary Public.
Step 2) The deed is filed with the county clerk (recorder of deeds) in the county where the property is located.
Step 3) Within 9 months after you pass away, your beneficiary accepts the property by filing a form with the county clerk with a copy of your death certificate.
Step 4) Once the form accepting the property is filed, the property becomes your beneficiary’s property.
Is a Transfer on Death Deed right for me? While this is a fairly simple form, different situations can make it inappropriate for your situation. See my page:
Transfer on Death Deed Facts
Call if you have questions: 405.340.6554