Aug 2, 2017 18:48
6 yrs ago
3 viewers *
English term

beneficiary deed

English to Romanian Law/Patents Law (general)
on 3rd of May, 2016, Mrs.... executed a beneficiary deed which would convey the property to her sons at her death.

Discussion

Octavia Veresteanu (asker) Aug 2, 2017:
Multumesc mult Liviu!
Liviu-Lee Roth Aug 2, 2017:
transferul bunurilor imobile, la deces A transfer-on-death (TOD) deed, or beneficiary deed, allows an owner of real property to execute a deed that names a beneficiary who will obtain title to the property at the owner’s death without going through probate. This article examines the advantages and disadvantages of using TOD deeds and details how these deeds work. It provides several typical estate planning scenarios that highlight when the use of a TOD deed may be appropriate and when a different method should be used to transfer real property.
https://www.americanbar.org/newsletter/publications/gp_solo_...
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