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Is a transfer on death deed legal in Ohio?

Yes. Ohio law allows individuals who do not need the estate administration benefits of a trust agreement to avoid Probate on the transfer of real property by executing a legal document called a Transfer-On-Death (TOD) Designation Affidavit.

Does Ohio have a beneficiary deed?

Ohios TOD law expressly authorizes property owners to name a contingent beneficiary to avoid a lapsed TOD designation. A contingent beneficiary receives title to real estate if a named beneficiary is no longer living when the property owner dieskeeping the real estate out of the owners probate estate.

How do you avoid probate in Ohio?

One of the most common ways to avoid probate is by using a trust. A trust creates a separate legal entity that owns your assets and is managed by a trustee. By naming yourself as the trustee of a living trust, you can still manage the assets that have been placed in the trust.

How do I file a TOD in Ohio?

How to create a Transfer on Death for your home Choose your recipients. You can choose one or more people to become owner of any home or land that you own. Find a copy of your deed. Complete the TOD for real estate form. Take the form to a notary . Submit the form at your County Recorders Office.

Does Ohio allow TOD deeds?

Yes. Ohio law allows individuals who do not need the estate administration benefits of a trust agreement to avoid Probate on the transfer of real property by executing a legal document called a Transfer-On-Death (TOD) Designation Affidavit. What is a TOD Designation Affidavit?

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