Avoiding probate is often an important goal for many estate planning clients. Probate is the court-supervised process of administering a deceased person’s estate and transferring their property at ...
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On April 20, 2024, New York State adopted legislation that allows for so-called transfer-on-death (TOD) deeds as part of its Fiscal Year 2025 Executive Budget. The TOD Deed Law, which takes effect on ...
Q: My wife and I have wills naming each other as beneficiaries, with our children as alternates. We are trying to understand whether we should have a Transfer on Death Deed drafted and filed in order ...