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202207647
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Last modified
10/27/2022 11:20:55 AM
Creation date
10/27/2022 11:20:55 AM
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DEEDS
Inst Number
202207647
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202207647 <br />Transfer on Death: <br />At the death of the survivor of us, we transfer our interest in the described property to the beneficiaries as designated <br />above. The transfer occurs at the death of the survivor of the Transferors. <br />Survivorship Required: <br />Under Nebraska Law, the interest of a designated beneficiary is contingent on the designated beneficiary surviving the <br />transferor by one hundred twenty (120) 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 />X My primary or alternate beneficiary <br />My estate <br />I understand that if I make no choice growing crops, pass to my estate. <br />Legally Required Warning in the TOD Deed: <br />Please pay close attention to the following warnings: <br />Warning: <br />The property transferred remains subject to inheritance taxation in Nebraska to the same extent as <br />if owned by the transferor at death. Failure to timely pay inheritance taxes is subject to interest and <br />penalties as provided by law. <br />Warning: <br />The designated beneficiary is personally liable, to the extent of the value of the property transferred, <br />to account for Medicaid reimbursement to the extent necessary to discharge any such claim <br />remaining after application of the assets of the last surviving transferor's estate. The designated <br />beneficiary may also be personally liable, to the extent of the value of the property transferred, for <br />claims against the estate statutory allowances to the last surviving transferor's surviving spouse and <br />children, and the expenses of administration to the extent needed to pay such amounts by the <br />personal representative. <br />Warning: <br />The Department of Health and Human Services may require revocation of this deed by a transferor, <br />a transferor's spouse, or both a transferor and the transferor's spouse in order to qualify or remain <br />qualified for Medicaid assistance. <br />Signature of Owner Making This Transfer on Death Deed: <br />We, Daniel E. Reimers and Kathryn D. Reimers, the transferor(s), sign our names to this instrument on October <br />2022, and being first duly sworn, do hereby declare to the undersigned authority that we sign and execute this transfer <br />on death deed to transfer our interest in the described real property and that we sign it willingly or that one or both of <br />us willingly direct another to sign for that signer or signers, that we execute it as our free and voluntary act for the <br />purposes therein expressed, that we are eighteen years of age of older or are not at this time a minor, and that we <br />are of sound mind and under no constraint or undue influence. <br />Daniel E. Reimers, Transferor <br />Kathryn D. Reimers, Transferor <br />
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