Understanding Transfer-on-Death Deeds and Enhanced Life Estate Deeds in Maryland
Introduction to Transfer-on-Death Deeds and Enhanced Life Estate Deeds Transfer-on-death (TOD) deeds and enhanced life estate deeds are two important estate planning tools available in Maryland that facilitate the transfer of property upon one’s death. A transfer-on-death deed allows property owners to designate a beneficiary who will receive the property immediately after the owner’s passing, … Read more