Are transfer on death (TOD) deeds smart? This reader wants to know if it’s a safe way to avoid costly probate for children after their death. Q: I am thinking of doing a transfer upon death (TOD) deed to avoid costly probate for my children. Is this wise and safe to do? Would my heirs [...]
While transferring interest in a home to refinance a loan is often straightforward, it's important to investigate the situation to avoid potential issues. Q: I own one-third of a property left by my mother's estate. My sister wishes to transfer her third to me, as she has no interest in the property and has not [...]
When you live in a home owned by a family member, transferring the home title from owner to tenant can be complicated. Just because you've been living in a home for an extended period of time and paying the expenses (as in this case), that doesn't make you the homeowner. Q: How do we get the [...]
