Monthly Archives: December 2024
PROBLEMS WITH THE NEW TRANSFER-ON-DEATH-DEEDS LAW
In April 2024, New York State adopted the new Transfer-On-Death Deeds (“TODD”) law. The law aims to simplify the transfer of one’s home to their heirs by bypassing the Court proceedings which are part of the probate process. Theoretically, this law succeeds at that because now a homeowner can list beneficiaries on a TODD. … Read More »