by Layla Kailani McLean, Buckley Law P.C.
Revocable Transfer on Death Deed (OR) Resource Guide
Buckley Law Shareholder and Attorney Layla McLean has published a Revocable Transfer on Death Deed (OR) resource guide with Practical Law and Thomson Reuters.
Layla McLean’s resource discusses creating a Revocable Transfer on Death Deed under Oregon law and provides integrated notes with explanations and tips. A revocable transfer on death deed (TODD) under Oregon law allows real property owner to designate a beneficiary to receive title to certain residential real property in Oregon on the owner’s death without a probate proceeding or trust administration. This guide also reviews: When to use a TODD; when to avoid a TODD; qualifying real property; requirements to create a TODD; effect of a TODD during and after grantor’s life; and advantages and disadvantages of TODDs.
The resource, Revocable Transfer on Death Deed (OR), has been published on Practical Law as part of Trusts and Estates practice area. Layla McLean has updated the guide every year since 2019.
Practical Law provides expert-down-the-hall legal know-how for subscribers. These subscribers include more than 13,000 in-house counsel and more than 150,000 law firms. Practical Law’s more than 600 full-time senior and associate legal editors across the globe cover the complete array of practice areas, jurisdictions, and industry sectors.
If you have questions or need legal assistance in estate planning, probate, or trust administration, please contact Layla McLean at 503-620-8900 or email the firm at info@buckley-law.com.
Layla Kailani Maka’ui McLean is a shareholder in the firm’s Estate Planning Group. She focuses on estate planning and administration for taxable and non-taxable estates, business succession planning, gift tax planning, charitable planning, special needs planning, guardianships, conservatorships, business law, and real estate transactions.
This material is provided for informational purposes only. The provision of this material does not create an attorney-client relationship between the firm and the reader, and does not constitute legal advice. Legal advice must be tailored to the specific circumstances of each case, and the contents of this article are not a substitute for legal counsel. Do not take action in reliance on the contents of this material without seeking the advice of counsel.