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Pros and cons of a transfer on death deed Avoid probate. Property with a TOD deed typically does not have to pass through probate court to transfer to its beneficiaries. ... Avoid federal gift tax paperwork. ... Maintain Medicaid eligibility. ... It might prevent property from being used to repay Medicaid benefit costs.

Lack of Resources To Pay Final Expenses A significant downfall with relying upon TOD or POD account registration to administer your assets upon death is that there might not be remaining assets in your estate to cover such expenses.

My spouse died, how do I remove my spouse's name from my deed? You can record a copy of your spouses death certificate and a new deed showing you, as survivor, own the property.

In Michigan, real estate can be transferred via a TOD deed, also known as a beneficiary deed. This deed allows a property owner to designate a beneficiary who will automatically inherit the property upon the owner's death, avoiding probate.

West Virginia law is very clear that in fault-based divorces, the judge shall (must) take adultery into account when making alimony decisions. The judge can adjust the amount or duration of an alimony award when a spouse has committed adultery.

West Virginia courts base whether or not to award spousal support, as well as the amount of the support, based on a specific set of criteria. The system is not based on a merit/punishment system, but mainly financial calculations, which include: Length of Marriage. Time Spouses Lived Together.