Transfer on Death Designation Affidavit from Individual to Individual: This affidavit is used to transfer the title of a parcel of land, attaching any existing covenants, upon the death of the Affiant/Owner to the designated Beneficiary. It should be signed in front of a Notary Public. The form includes provision for an contingent beneficiary in the event the designated beneficiary predeceases the affiant/owner. The designation of the beneficiary in an affidavit of transfer on death may be revoked or changed at any time, without the consent of that designated transfer on death beneficiary, by the affiant/owner of the interest by executing in accordance with Chapter 5301. of the Ohio Revised Code and recording a transfer on death designation affidavit conveying the affiant's entire, separate interest in the real property to one or more persons, including the affiant, with or without the designation of another transfer on death beneficiary.
The Franklin Ohio Transfer on Death Designation Affidavit (TOD) is a legal document used to transfer property ownership from one individual to another, with a contingent beneficiary. This affidavit serves as a means to avoid probate and ensure a smooth transfer of assets upon the individual's death. In Franklin, Ohio, there are various types of Transfer on Death Designation Affidavits available depending on the specific circumstances and requirements of the transfer. Some of these types include: 1. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Individual with Contingent Beneficiary: This type of affidavit allows an individual property owner to designate another individual as the beneficiary of their property upon their death, with a contingent beneficiary named in case the primary beneficiary is unable or unwilling to accept the transfer. 2. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Individual with Multiple Contingent Beneficiaries: In instances where there are multiple potential beneficiaries, this form allows the property owner to designate multiple contingent beneficiaries to ensure the smooth transfer to the desired recipients. 3. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Individual with an Organizational Beneficiary: In certain cases, an individual may choose to designate an organization, such as a charity or non-profit, as the beneficiary of their property. This affidavit enables the transfer to take place smoothly, ensuring the property is transferred to the designated organization upon the individual's passing. 4. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Individual with a Minor Beneficiary: In situations where the primary beneficiary is a minor, this affidavit allows the property owner to designate a guardian or trustee to manage the transferred assets until the beneficiary reaches adulthood. These different types of Franklin Ohio Transfer on Death Designation Affidavits provide individuals with flexibility and options for transferring their assets to their preferred beneficiaries, while still maintaining control over their property during their lifetime. It is crucial to consult with a legal professional to ensure the correct type of affidavit is used and all legal requirements are met.The Franklin Ohio Transfer on Death Designation Affidavit (TOD) is a legal document used to transfer property ownership from one individual to another, with a contingent beneficiary. This affidavit serves as a means to avoid probate and ensure a smooth transfer of assets upon the individual's death. In Franklin, Ohio, there are various types of Transfer on Death Designation Affidavits available depending on the specific circumstances and requirements of the transfer. Some of these types include: 1. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Individual with Contingent Beneficiary: This type of affidavit allows an individual property owner to designate another individual as the beneficiary of their property upon their death, with a contingent beneficiary named in case the primary beneficiary is unable or unwilling to accept the transfer. 2. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Individual with Multiple Contingent Beneficiaries: In instances where there are multiple potential beneficiaries, this form allows the property owner to designate multiple contingent beneficiaries to ensure the smooth transfer to the desired recipients. 3. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Individual with an Organizational Beneficiary: In certain cases, an individual may choose to designate an organization, such as a charity or non-profit, as the beneficiary of their property. This affidavit enables the transfer to take place smoothly, ensuring the property is transferred to the designated organization upon the individual's passing. 4. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Individual with a Minor Beneficiary: In situations where the primary beneficiary is a minor, this affidavit allows the property owner to designate a guardian or trustee to manage the transferred assets until the beneficiary reaches adulthood. These different types of Franklin Ohio Transfer on Death Designation Affidavits provide individuals with flexibility and options for transferring their assets to their preferred beneficiaries, while still maintaining control over their property during their lifetime. It is crucial to consult with a legal professional to ensure the correct type of affidavit is used and all legal requirements are met.
