Property OwnershipLegacy_property_ownershipMEDIUM
In Ohio, a Transfer on Death (TOD) designation affidavit allows:
Correct Answer
B) Property to pass to beneficiaries without probate upon owner's death
Ohio's TOD designation affidavit allows property to pass directly to named beneficiaries upon the owner's death, avoiding probate.
Answer Options
A
Immediate transfer of propertyB
Property to pass to beneficiaries without probate upon owner's deathC
Tax-free property transfersD
Avoiding all estate taxesVideo Explanation2 min
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Related Topics & Key Terms
Related Topics:
probate-processestate-planning-toolsbeneficiary-designations
Key Terms:
Transfer on DeathTOD affidavitprobate avoidanceOhio Revised Code 5302.22non-probate transfer
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