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A Transfer On Death (TOD) Deed is an estate planning tool in Indiana that allows a property owner to designate a beneficiary to inherit their real estate after they die. It is important to know that a TOD Deed trumps anything else you have in place such as a Trust, Will, or any other estate planning legal document. Therefore, it can be an excellent tool to ensure that your property goes to the right person or people, but you have to keep it updated. Make sure you keep it with the rest of your estate plan and update it accordingly. The cost of administration of your assets after death is substantially less because of the avoidance of the Court probate process. How it works The beneficiary automatically becomes the owner of the property when the current owner dies, without the need for probate court proceedings. Who can be a beneficiary A beneficiary can be an individual or an organization, such as a charity. How to create a TOD deed To create a valid TOD deed in Indiana, you must: * Sign the deed and get your signature notarized * Record the deed with the county recorders office in the county where the property is located before your death * Pay a recording fee of $25 What the TOD deed does while you are alive The TOD deed has no effect on the owners property rights while they are alive. The owner can still: * Transfer the title * Lease the property * Add or remove beneficiaries * Revoke the TOD deed 
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It is a common misconception that a real estate agent primarily learns of someone looking to buy or sell a home when someone simply calls an agency looking for an agent to help them. Although this can happen, it is very rare. In fact, over 80% of the referrals I receive come from past clients and past coworkers just like you. The other 15-20% of referrals comes from our national network of relocation companies and other Coldwell Banker agencies across the country. The greatest compliment I can receive is when someone like you refers me to a friend, coworker or family member of theirs. If you, or someone you know, are looking to either buy or sell a home then I would certainly appreciate the opportunity to earn your business. Do you know of someone looking to buy or sell a home?  Click the vCard below to download my contact information to load on your phone and to share with anyone you know that would benefit from my help in buying or selling a home. 
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 12401 Old Meridian Street Carmel, In 46032 Email brad@btgough.com Mobile (317) 590-3571 Office (317) 844-1131 Website www.btgough.com |