LIEB BLOG

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Showing posts with label life estate. Show all posts
Showing posts with label life estate. Show all posts

Monday, September 23, 2024

23 Sep

New Deed Type - Major Real Estate / Estate Planning Law - Real Property Law 424

As of July 19, 2024, there is now a new deed type in New York State and it is already impacting homeownership and estate planning.Simply, this new "Transfer on Death Deed Law," eliminates the need for probating real estate, is much less expensive than a trust, and is revocable, unlike a life estate with a remainder...