Transfer on Death Instrument – FormTODI935
The Illinois Transfer on Death Instrument allows an owner of residential real property to designate one or more beneficiaries who will receive interest in the property on the owner’s death, bypassing probate. Any person who is 18 years or older and is of “sound mind and memory” has the capacity to make a will. A TODI is like a deed that doesn’t take effect until you die.
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