Help Me Understand the Nebraska Transfer on Death (“TOD”) Deed
Nebraska has adopted a new method of transferring ownership of real estate upon the death of the owner. Effective January 1, 2013 we may now use a revocable transfer on death deed (“TOD Deed”) in Nebraska. The TOD Deed will operate in a similar fashion to a payable on death (“POD”) bank account. The beneficiary will not have any ownership interest in the property during the
life of the owner (transferor) and will only receive ownership when the owner dies (or in the case of