Posts Tagged ‘Transfer on Death Act’
Transfer on Death Deeds Act Recording Now in Effect
The Transfer on Death Deeds Act, which was signed into law in September, would allow estate planning to be more accessible to those in marginalized communities through its straightforward process with clear easy-to-use forms. Kent County Recorder of Deeds –Gene Thornton tells the Talk of Delmarva… After a 90-day waiting period, Delaware Counties…
Read MoreDelaware State Senate Passes the Transfer on Death Act
The Delaware State Senate this week passed the Transfer on Death Act (TODA) 21-0. The Transfer on Death Act introduces non-probate transfer of real estate, which gives real property owners the ability to designate individuals as beneficiaries upon the owner鈥檚 passing. The person named to receive the property wouldn鈥檛 have any legal ownership until the…
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