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Profile picture for standinginfaith @standinginfaith

I learned about doing a TOD on property.. Transfer on death.. my boyfriend has been taking care of me for 3 years..(not easy.. lots of health issues.. runs to ER etc) but I had an attorney draw it up and file it at the court house.. It allows you to avoid probate..I don't have a will, no children and my younger siter lives a long way from here.. she would have inherited the house.. but she has cleaned out my parents 6000 sq ft home and then moved them into assisted living and then cleaned out my Father's things when he passed in 2023 ( a month before his 99th birthday) and then my Mother who passed in July at 95 so she had to clean out all of that!!..so then her husband.. 75 went in for a back surgery and he had alot of pain on a Tuesday.. he was fine when she went to pick him up .and was trying to get his prescription ..and they would not sell it to her.. because he sat up and had a heart attack and died 7 hrs later. so she said..I don't want your house..do a TOD and give it to him for all he has done..it was so easy!! I'm 71.. someone will have to clean out all my stuff..lol!! And dust.. but I am just not feeling well enough to do that.. so glad I have piece of mind for both my sister and for him!!

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Replies to "I learned about doing a TOD on property.. Transfer on death.. my boyfriend has been taking..."

@standinginfaith TOD can also apply to bank accounts… the larger ones can be divided up and designated for certain people as you wish…I did several, for several family members…probate is expensive and can be slow as well…some people chose different kinds of trusts….as to the stuff in your home, my lawyer says if it isn’t specified to pass on to someone, there are estate sale companies that can help with that…presently, I am trying to clear out things while I’m still here, get them homes with people who need and can use them. Slow, gradual process.

@standinginfaith I need a boyfriend. I'm sure after doing all that work after your parents passed, your sister really does not want to deal with your stuff and is thrilled you will be leaving it to him. I am in the process of trying to get rid of things now so whomever gets the uneviable task of dealing with my estate will not have as big a task as I did with my parents'. They will probably just pay someone to have an estate sale.