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201403276
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201403276
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Last modified
8/19/2014 2:26:08 PM
Creation date
6/3/2014 3:20:32 PM
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DEEDS
Inst Number
201403276
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201403276 <br />Primary Beneficiary <br />I designate the following beneficiary of this revocable transfer on death deed if the beneficiary <br />survives me. <br />Name of Primary Beneficiary <br />Kathleen Ann Maughan Keenan <br />If living, and if not, to her issue, by right of representation. <br />If living, and if not, to her issue, by right of representation. <br />Legally Required Warnings in the TOD Deed: <br />Please pay close attention to the following warnings. <br />Mailing Address of Primary Beneficiary <br />2901 W Leota St. <br />North Platte, NE 69101 -6383 <br />Colleen Ellen Maughan Connely #4 21' Ave P1 <br />Kearney, NE 68845 -4245 <br />Transfer on Death <br />At my death, I transfer my interest in the described property to the beneficiaries as designated <br />above. The transfer occurs at the death of the Transferor. <br />Survivorship Required <br />Under Nebraska law, the interest of a designated beneficiary is contingent on the designated <br />beneficiary surviving the transferor by one hundred twenty hours. <br />Warning: <br />The property transferred remains subject to inheritance taxation in Nebraska to the same <br />extent as if owned by the transferor at death. Failure to timely pay inheritance taxes is <br />subject to interest and penalties as provided by law. <br />Warning: <br />The designated beneficiary is personally liable, to the extent of the value of the property <br />transferred, to account for Medicaid reimbursement to the extent necessary to discharge <br />any such claim remaining after application of the assets of the transferor's estate. The <br />designated beneficiary may also be personally liable, to the extent of the value of the <br />property transferred, for claims against the estate, statutory allowances to the transferor's <br />surviving spouse and children, and the expense of administration to the extent needed to <br />pay such amounts by the personal representative. <br />Warning: <br />The Department of Health and Human Services may require revocation of this deed by a <br />transferor, a transferor's spouse, or both a transferor and the transferor's spouse in order <br />to qualify or remain qualified for Medicaid assistance. <br />
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