Transfer on Death Deeds
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Transfer on Death Deeds
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Delaware recently passed legislation allowing homeowners to add Transfer on Death (TOD) designations to their property deeds. While this new option promises a simple way to avoid probate, it comes with significant limitations that many residents don't realize until it's too late.
In this episode, Director of Estate Planning, Mindi Cooper sits down with attorney Amber B. Woodland, Esq. to unpack the reality behind TOD deeds. Amber explains how these deeds work, who they might benefit, and more importantly, the major limitations that could impact your plan.
Whether you've already filed a TOD deed or are considering your estate planning options, this conversation will help you understand the difference between a quick fix and comprehensive protection for your legacy.
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