Melissa's Blog Content

WHY Does Melissa Want Me To Have A TODD For My Real Esate Asset?   What is a TODD used for in real estate?      

To transfer ownership of real estate to a named beneficiary following the death of the property owner, a "TODD" (Transfer on Death Deed) is a legal instrument that is used in real estate.

A TODD allows the property owner to specify who will inherit their property after their death without the need for probate court proceedings. The beneficiary named in the TODD will automatic...

What Is The Differece Between A Living Trust VS a TODD?

     

Estate planning options like a living trust and a TODD (Transfer on Death Deed) can make it easier for your assets to be distributed when you pass away. However, they are different in how they operate.

A living trust is a legal document that allows you to transfer ownership of your assets to a trust while you are still alive. The trust then manages those assets for your benefit during your lifetime and allows for their efficien...

6 Different Ways You Can Stop PROBATE!   The legal procedure known as probate upholds a decedent's will and distributes their property in accordance with the terms of the will. There are a few actions you can take to avoid probate:   Create a living trust: Establishing a living trust is one approach to avoid probate. This entails giving the trust, which will be administered by a trustee you choose, ownership of your assets. The assets will be divided in accordance with the conditions of...