Richard E. Hackerd
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Ohio has adopted an important new method of a title in real property.  The Ohio Transfer on Death Deed allows the owner of real property to take title in his name alone but to affect a transfer on his death.  This transfer is outside of probate and occurs by operation of law.  Previous Ohio law provided for the Joint and Survivor Deed in which two people owned property and on the death of one of them the remaining person owns the property entirely.  The transfer on death deed, however, allows the owner complete ownership during his life, including the right to change his transferee, but affects the transfer on his death.  This effective tool should be considered as part of estate planning.

This Website is provided for general information purposes only and discusses general legal concepts. It should not be construed to be legal advice. Every factual situation is unique. You should consult an attorney before acting.
 
Last Edit 10/15/2007