Transfer on Death Designation Affidavit from Individual to Two Individuals as tenants in common: 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 does NOT include provision for an contingent beneficiary in the event one of the designated beneficiaries predecease the affiant/owner. If the designated beneficiaries predecease the Owner/Affiant, the deed is null and void. The designation of the beneficiaries 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 from Individual to Two Individuals without Contingent Beneficiary is a legal document that allows an individual in Franklin, Ohio, to designate two individuals as beneficiaries to receive certain assets upon their death without the need for probate. This type of affidavit safeguards an individual's assets and ensures a smooth transfer of ownership to the chosen beneficiaries. In Franklin, Ohio, there are various types of Transfer on Death Designation Affidavits available, each serving different purposes based on the individual's specific needs. Some variations of this affidavit include: 1. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Two Individuals without Contingent Beneficiary for Real Estate: This type of affidavit is specifically designed to transfer the ownership of real estate properties to two individuals upon the death of the individual who owns the property. It bypasses the costly and time-consuming probate process, ensuring a direct transfer of ownership. 2. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Two Individuals without Contingent Beneficiary for Financial Accounts: This variation of the affidavit is used to designate two individuals as beneficiaries of financial accounts, such as bank accounts, investment portfolios, or retirement accounts. It allows for the seamless transfer of these financial assets to the chosen beneficiaries without the need for probate. 3. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Two Individuals without Contingent Beneficiary for Personal Property: This type of affidavit is suitable for individuals looking to transfer their personal property, such as vehicles, artwork, jewelry, or other valuable possessions, to two individuals upon their passing. By completing this affidavit, the designated beneficiaries can easily claim ownership of the specified personal property without the burden of probate. Regardless of the type, the Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Two Individuals without Contingent Beneficiary provides a simplified means to pass on assets directly to chosen beneficiaries, ensuring a quick and efficient transfer of ownership. It is essential to consult with a qualified legal professional to ensure the proper completion and execution of this affidavit to meet the individual's specific needs and adhere to the laws of Franklin, Ohio.The Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Two Individuals without Contingent Beneficiary is a legal document that allows an individual in Franklin, Ohio, to designate two individuals as beneficiaries to receive certain assets upon their death without the need for probate. This type of affidavit safeguards an individual's assets and ensures a smooth transfer of ownership to the chosen beneficiaries. In Franklin, Ohio, there are various types of Transfer on Death Designation Affidavits available, each serving different purposes based on the individual's specific needs. Some variations of this affidavit include: 1. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Two Individuals without Contingent Beneficiary for Real Estate: This type of affidavit is specifically designed to transfer the ownership of real estate properties to two individuals upon the death of the individual who owns the property. It bypasses the costly and time-consuming probate process, ensuring a direct transfer of ownership. 2. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Two Individuals without Contingent Beneficiary for Financial Accounts: This variation of the affidavit is used to designate two individuals as beneficiaries of financial accounts, such as bank accounts, investment portfolios, or retirement accounts. It allows for the seamless transfer of these financial assets to the chosen beneficiaries without the need for probate. 3. Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Two Individuals without Contingent Beneficiary for Personal Property: This type of affidavit is suitable for individuals looking to transfer their personal property, such as vehicles, artwork, jewelry, or other valuable possessions, to two individuals upon their passing. By completing this affidavit, the designated beneficiaries can easily claim ownership of the specified personal property without the burden of probate. Regardless of the type, the Franklin Ohio Transfer on Death Designation Affidavit — TOD from Individual to Two Individuals without Contingent Beneficiary provides a simplified means to pass on assets directly to chosen beneficiaries, ensuring a quick and efficient transfer of ownership. It is essential to consult with a qualified legal professional to ensure the proper completion and execution of this affidavit to meet the individual's specific needs and adhere to the laws of Franklin, Ohio.
