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201706204
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Last modified
12/9/2019 6:24:02 PM
Creation date
9/13/2017 11:32:20 AM
Metadata
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Template:
DEEDS
Inst Number
201706204
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201706204 <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 Mailing Address of Beneficiary <br /> Michael S. O'Nele 991 Patterson Cove <br /> Memphis, TN 38111 <br /> Transfer on Death <br /> After my death, I transfer my interest in the described property to the Beneficiary 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 /> This TOD Deed is Revocable <br /> Before my death, I have the right to revoke this Deed. <br /> Growing Crops <br /> If this land is agricultural land the growing crops shall pass to: <br /> 40_ My primary beneficiary <br /> My estate <br /> I understand that if I make no choice, growing crops pass to my estate. <br /> Legally Required Warnings in the TOD Deed <br /> Please pay close attention to the following warnings. <br /> WARNING: The property transferred remains subject to inheritance taxation in Nebraska <br /> to the same extent as if owned by the transferor at death. Failure to timely pay inheritance <br /> taxes is subject to interest and penalties as provided by law. <br /> WARNING: The designated beneficiary is personally liable, to the extent of the value of <br /> the property transferred, to account for medicaid reimbursement to the extent necessary <br /> to discharge any such claim remaining after application of the assets of the transferor's <br /> estate. The designated beneficiary may also be personally liable,to the extent of the value <br /> of the property transferred, for claims against the estate, statutory allowances to the <br /> transferor's surviving spouse and children, and the expenses of administration to the <br /> extent needed to pay such amounts by the personal representative. <br /> Page 2 of 4 <br />
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