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202401724
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Last modified
4/22/2024 10:08:08 AM
Creation date
4/22/2024 10:08:07 AM
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DEEDS
Inst Number
202401724
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Primary Beneficiary <br />We designate the following beneficiary of this revocable transfer on death de <br />survives both of us. <br />Name of Primary Beneficiary <br />SONIA PATRICIA RAMOS <br />MARTINEZ <br />Mailing Address of Prima <br />1208 E. Bismark Rd. <br />Grand Island, NE 68801 <br />202401724 <br />d if the beneficiary <br />Beneficiary <br />Transfer on Death <br />At the death of the survivor of us, we transfer our interest in the descried property to the <br />beneficiaries as designated above. The transfer occurs at the death of t e survivor of the <br />Transferors. <br />Survivorship Required <br />Under Nebraska law, the interest of a designated beneficiary is contingen on the designated <br />beneficiary surviving the survivor of the transferors by one hundred twenty h.urs. <br />This TOD Deed is Revocable <br />Before our death, we (or the survivor of us) have the right to revoke this deed. <br />Growing Crops <br />If this land is agricultural land the growing crops shall pass to: <br />Our primary or alternate beneficiary <br />Our estate <br />We understand that if we make no choice growing crops pass to the estate of the survivor <br />of us. <br />Legally Required Warnings in the TOD Deed: <br />Please pay close attention to the following warnings. <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 <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 last surviving 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 last - <br />surviving transferor's surviving spouse and children, and the expenses of administration to <br />the extent needed to pay such amounts by the personal representative. <br />Transfer on Death Deed - Page No. 2 <br />
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