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Nancy W.
Since this is expiring at the end of the year. Does that mean to pass property after death and avoiding probate goes back to only viable with a Living Trust?
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Since this is expiring at the end of the year. Does that mean to pass property after death and avoiding probate goes back to only viable with a Living Trust?
I don’t think it’s fair when you loose your child that the government says because they are not your spouse or significant other they don’t qualify for anything
I'm not quite sure I understand the two comments above. What do we mean by expiring transfer of death deed? Are you in California? If so, to make a transfer of death deed will no longer be available unless it gets voted to continue. Luckily, all old deeds that are made before expiration will be grandfathered and will still continue to be official legal documents.
You may also want to just rewrite a deed to add another owner with survivorship rights on the actual deed.
And to @Stacy J. I'm sort of confused. You absolutely do qualify… it's just dependent on the state and to what priority. Some states will allow for parents to share with spouse. However the order usually is surviving spouse, children, then parents. Also significant other doesn't really come into play unless it is written in the will. If it is written in the will then it's really not the government being unfair it's how the offspring wrote their will. Of course if there people with higher priority than yourself it's not unfair it's just how it was back then. Parents generally aren't supposed to outlive their children and hence the law takes this first into consideration. Of course like I previously said some states put the parent priority up their with the spouse. If this is not the case in your state or state that your child lived in, it's time to get active and get the state to draft and pass something similar.