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201606142
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201606142
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Last modified
7/3/2017 5:40:42 PM
Creation date
9/19/2016 10:45:20 AM
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DEEDS
Inst Number
201606142
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, - - <br /> 201606142 <br /> Survivorship Required <br /> Under Nebraska law,the interest of a designated beneficiary is contingent on the <br /> designated beneficiary surviving the Owner and Transferor by one hundred twenty hours. <br /> This TOD Deed is Revocable <br /> Before my death, I have the right to revoke this Deed. <br /> Legally Required Warnings in the TOD Deed: <br /> The property transferred remains subject to inheritance taxation in Nebraska to the <br /> same extent as if owned by the Transferor at death. Failure to timely pay <br /> inheritance taxes is subject to interest and penalties as provided by law. <br /> The designated beneficiaries are personally liable, to the extent of the value of the <br /> property transferred, to account for Medicaid reimbursement to the extent <br /> necessary to discharge any such claim remaining after application of the assets of <br /> the Transferor's estate. The designated beneficiaries may also be personally <br /> liable, to the extent of the value of the property transferred, for claims against the <br /> estate, statutory allowances to the Transferor's surviving spouse and children, and <br /> the expenses of administration to the extent needed to pay such amounts by the <br /> Personal Representative. <br /> The Department of Health and Human Services may require revocation of this <br /> Deed by a Transferor, a Transferor's spouse, or both a Transferor and the <br /> Transferor's spouse in order to qualify or remain qualified for Medicaid <br /> assistance. <br /> Signature of Owner Making This Transfer on Death Deed <br /> I, WILLIAM FLORY, the Owner and Transferor, sign my name to this instrument on <br /> September , 2016, and being first duly sworn, do hereby declare to the undersigned <br /> authority that I sign and execute this Transfer on Death Deed to transfer my interest in the <br /> above described real property, and that I sign it willingly, that I execute it as my free and <br /> voluntary act for the purposes therein expressed,that I am eighteen years of age or older <br /> or not at this time a minor, and that I am of sound mind and under no constraint or undue <br /> influence. / <br /> Wi'iam B. Flo <br /> Warning: The two witnesses must be disinterested for the Revocable Transfer o Death <br /> Deed to be valid. A disinterested witness to a Revocable Transfer on Death Deed means <br /> any individual who acts as a witness to a transfer on death deed at the date of its <br /> execution, and who is not a designated beneficiary or an heir, a child, or a spouse of a <br /> designated beneficiary. <br /> We, _ 4� __ and 3 ff ,E ,,,.,,..-., the witnesses, sign our names to <br /> this-'s strument, being rst duly sworn, and do hereby declare to the undersigned <br /> authority that the Transferor signed and executed this Transfer on Death Deed to transfer <br /> his interest in the above described real property, and he signs it willingly, and that he <br /> executes it as his free and voluntary act for the purposes therein expressed, and that each <br /> of us, in the presence and hearing of the Transferor, hereby signs this Deed as witness to <br /> the Transferor's signing, and that to the best of our knowledge the Transferor is eighteen <br /> years of age or older and is not at this time a minor and the Transferor is of sound mind <br /> and under no constraint or undue influence. <br /> 2 <br />
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