|Posted by Ron Koehler on August 2, 2012 at 4:40 PM|
If you own real estate, there are easy and inexpensive ways to transfer it to your heirs without it going through probate when you die. One way is to have a Joint Survivorship Deed prepared. If you and your spouse aren't sure if you already own the real estate as joint survivors, I can check for you. About half of married couples who own real estate, don't own it as joint survivors. If you purchased your property before 1972, it was not put in joint survivor form because the law didn't exist then in Ohio.
Another option is available through Ohio's Transfer On Death Designation law, which permits a single person to name a beneficiary who will receive the real estate when that person dies, without going through probate. This law became effective in 2000. In 2009 the law was amended to permit couples who jointly own real estate to name a beneficiary to receive the real estate after they both die.
Call my office at 330-644-3572, and give my secretary your name, phone number, the address of the property, and the year you purchased the property. If you can't find your deed, we can get a copy for you from the county recorder. Mention you saw this promotion on my web site, and I will prepare and record your joint survivorship deed or transfer on death affidavit for $100 per property (my standard charge is $150, so that is a $50 savings). Please note: the county also charges a $28 recording fee, and a fifty cent per parcel auditor's fee, so the total price will be $128.50 for each property, if you only have one parcel..
If you are visiting this page from my Facebook ad, welcome! Please feel free to click on HOME or ABOUT RON above for more information about me and my law practice, or click on LEGAL SERVICES for information about other estate administration, guardianship and estate planning services I offer.