Re: how about a Will

Posted by TomIn on December 04, 2022 at 08:07:50 from (23.118.149.246):

In Reply to: how about a Will posted by olgentdc on December 03, 2022 at 18:49:44:

I am not a lawyer and am not offering legal advice.
That said, Indiana has allowed transfer on death deeds for some years. Indiana also allows transfer on death titles for motor vehicles. I believe that bank and investment accounts generally have a transfer on death ownership option.

The primary reason for most people to use transfer on death ownership is to avoid probate and its associated costs when they die.

While this type of ownership should simplify the transfer of assets when you die, they MAY NOT provide the assurance you wish if you become mentally incompetent, divorce, want Medicaid to pay for your care, etc.

https://www.in.gov/bmv/titles/transfer-on-death/

• Ladybird deed

Replies:

• Re: how about a Will John T 11:01:53 12/04/22 (0)
• Re: how about a Will Dean 08:53:28 12/04/22 (0)

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