This form is a Transfer on Death Designation Affidavit where the affiants are husband and wife and the beneficiaries are two individuals. This affidavit of designation is revocable by affiants/grantors until afiant's death and effective only upon the death of the affiants. The beneficiaries take the property as tenants in common. Is a beneficiary fails to survive the grantors, their interest goes to their heirs per stirpes. This deed complies with all state statutory laws.
The Columbus Ohio Transfer on Death Designation Affidavit, also known as TOD Affidavit, is a legal document that allows an individual or a married couple (husband and wife) to designate two individuals as beneficiaries for their assets or properties upon their death. This document is commonly used in estate planning to ensure a smooth transfer of assets without the need for probate court proceedings. By completing and filing this affidavit with the appropriate county office in Columbus, Ohio, the designated beneficiaries will have a legal right to receive the assets or properties when the granter or granters pass away. There are different types of Columbus Ohio Transfer on Death Designation Affidavits, each catering to specific circumstances and requirements: 1. TOD Affidavit for Real Property: This type of affidavit is used to transfer ownership of real estate properties, such as land, houses, or commercial buildings, upon the death of the granter or granters. 2. TOD Affidavit for Motor Vehicles: This affidavit allows the granter or granters to designate two individuals as beneficiaries for their motor vehicles, including cars, motorcycles, boats, or any other titled vehicle. It simplifies the transfer process by bypassing the need for probate court. 3. TOD Affidavit for Stocks and Securities: This type of affidavit enables the granter or granters to designate two individuals as beneficiaries for their stocks, bonds, or any other securities. It ensures a swift transfer of ownership without the complexities of probate. 4. TOD Affidavit for Bank Accounts: This affidavit allows the granter or granters to designate two individuals as beneficiaries for their bank accounts, including savings, checking, or any other financial accounts held with financial institutions. Regardless of the specific type of Columbus Ohio Transfer on Death Designation Affidavit, it is crucial to provide accurate information about the granter or granters, such as their full names, addresses, and social security numbers. Additionally, the beneficiaries' details, including their names and addresses, must be clearly stated. It is advisable to consult with an attorney or a legal professional to ensure the correct completion and filing of the affidavit as per Ohio state laws and regulations.The Columbus Ohio Transfer on Death Designation Affidavit, also known as TOD Affidavit, is a legal document that allows an individual or a married couple (husband and wife) to designate two individuals as beneficiaries for their assets or properties upon their death. This document is commonly used in estate planning to ensure a smooth transfer of assets without the need for probate court proceedings. By completing and filing this affidavit with the appropriate county office in Columbus, Ohio, the designated beneficiaries will have a legal right to receive the assets or properties when the granter or granters pass away. There are different types of Columbus Ohio Transfer on Death Designation Affidavits, each catering to specific circumstances and requirements: 1. TOD Affidavit for Real Property: This type of affidavit is used to transfer ownership of real estate properties, such as land, houses, or commercial buildings, upon the death of the granter or granters. 2. TOD Affidavit for Motor Vehicles: This affidavit allows the granter or granters to designate two individuals as beneficiaries for their motor vehicles, including cars, motorcycles, boats, or any other titled vehicle. It simplifies the transfer process by bypassing the need for probate court. 3. TOD Affidavit for Stocks and Securities: This type of affidavit enables the granter or granters to designate two individuals as beneficiaries for their stocks, bonds, or any other securities. It ensures a swift transfer of ownership without the complexities of probate. 4. TOD Affidavit for Bank Accounts: This affidavit allows the granter or granters to designate two individuals as beneficiaries for their bank accounts, including savings, checking, or any other financial accounts held with financial institutions. Regardless of the specific type of Columbus Ohio Transfer on Death Designation Affidavit, it is crucial to provide accurate information about the granter or granters, such as their full names, addresses, and social security numbers. Additionally, the beneficiaries' details, including their names and addresses, must be clearly stated. It is advisable to consult with an attorney or a legal professional to ensure the correct completion and filing of the affidavit as per Ohio state laws and regulations.
