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Transfer on Death Deed Virginia Form

Transfer on Death Deed Virginia Form

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Instructions and help about transfer on death deed form

Hey My name is Liran Aliav and today we're  going to talk about a transfer on death deed now   many people ask me why can't i just do a transferon death deed which basically transfers your piece   of property to the next person whoever it is that you choose without having to create a living trust   well there are a couple of drawbacks to this  strategy number one if something happens to   the beneficiary that you listed and you know  something happens before he passes away before you   then your property will go through the  probate procedure there is no protection for   contingent beneficiaries as is in your trust  documents another reason is that you're not   protected from medi-cal clawback right so  if medi-cal wants to come after your estate   after you pass away they can do so freely with this transfer on death deed and will get their   money before your beneficiary gets anything with a living trust you avoid all that you avoid th

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