Transfer on Death (TOD): What is it?

California recently became consumer friendly when AB 139 was enacted. For now, Californians are able to transfer the title of their homes to a beneficiary when they die using a TOD deed, or “transfer on death” deed. This is great news, and makes it so much easier for many, many people to protect their biggest asset from probate: their home! Q: Why would you want to use a TOD? A:…