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Property transfer after death

Posted on: 21st Nov, 2008 03:57 pm
five years ago i helped my daughter buy a condo as her credit was not good enough for a bank loan. she has made every monthly payment for the past five years. my wife passed away two months ago and i would like to know if a quit claim deed would transfer the property into my daughter's name. her name is not on the property deed at the present time, only mine although she is paying off the loan each month. what path should i take to make this transfer legal upon my death? thanks
george diedrich
My father died with proper legal will before his death,I am made executor in the will and also give all share of his property and bank accounts.How to execut his will to tranfer his property and bank account in my name.
Posted on: 24th Nov, 2010 11:34 pm
Hi mak,

You will have to probate the will. In order to do so, you'll have to contact an attorney and he will help you with the probate. Once the probate is complete, you'll have to record the will at the county recorder's office and get the property and bank accounts transferred in your name.

Thanks
Posted on: 25th Nov, 2010 07:33 pm
Hello, I am a widow and have 2 daughters ages 21 and 24-both working and in college, residing with me. I was told by a friend of mine recently that I needed a Transfer of Deed upon Death with both of them as beneficiaries in case something were to happen to me. That the TOD would keep the house out of probate and they would not have to pay taxes upon my death. I am the only person on the Mortgage. Thank you.
Posted on: 28th Nov, 2010 08:01 pm
Welcome Kay,

Transfer on Death Deed helps to designate the beneficiary of an owner's real property while the owner is still alive. The real property is then transferred to the beneficiary on the owner's death. There are 12 states which has passed laws allowing for this non-probate method of leaving real property to heirs. Some of these states include Arizona, Arkansas, Colorado, Kansas, Missouri, Minnesota, etc.
Posted on: 28th Nov, 2010 08:12 pm
Can you put a TOD on property if it is not paid for at the time of your death? I have 3 years left to pay for my property and god forbid something were to happen to me, I would hate for it to go to probate? How would I go about it having this done? Thanks, from MO
Posted on: 09th Feb, 2011 06:30 pm
Welcome Anjelina,

You should contact a real estate attorney and he or she will help you in this matter.
Posted on: 09th Feb, 2011 09:33 pm
My father passed away 5 year ago the registry of our house is father name now my mother is want to transfer the house of my name . what i do kindly give me right information.
Posted on: 21st Feb, 2011 12:04 am
Welcome Guest,

You need to contact a lawyer dealing with real estates and he or she will assist you in this regard.
Posted on: 21st Feb, 2011 09:23 pm
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