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Simple English definitions for legal terms

TOD deed

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A quick definition of TOD deed:

A TOD deed, also known as a Transfer-on-death deed, is a legal document that automatically transfers ownership of a property to a designated beneficiary upon the death of the property owner. This means that the beneficiary will receive the property without the need for probate, which can make it easier for the executor to distribute the assets. The beneficiary can be an individual or an organization, and a backup beneficiary can also be named. However, the beneficiary cannot access the property until the owner passes away.

A more thorough explanation:

A TOD deed, also known as a Transfer-on-Death deed, is a legal document that automatically transfers ownership of a property to a designated beneficiary upon the death of the property owner. This transfer happens without the need for probate, which is a legal process that can be time-consuming and expensive. The beneficiary can be an individual or an organization, such as a charity. The beneficiary does not have access to the property until the death of the property owner.

John owns a house and wants to ensure that his daughter, Sarah, inherits the property after his death. He creates a TOD deed that names Sarah as the beneficiary. When John passes away, the ownership of the house automatically transfers to Sarah without the need for probate. Sarah can then sell or keep the property as she wishes.

Another example is when a person wants to leave their assets to a charity. They can create a TOD deed that names the charity as the beneficiary. When the person passes away, the assets are automatically transferred to the charity without the need for probate.

These examples illustrate how a TOD deed can simplify the transfer of property after a person's death and ensure that their wishes are carried out without the need for a lengthy legal process.

TOD | Toll

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letsseehowitgoesnow
11:17
so washu only called one person
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+
this is like the schizophrenic posts JJK tik tok be putting out
powerscaling Law School deans up next
11:19
Election Day election day
Write in Dean Z vote
11:20
Saw a guy that wrote in Biden and he said no retirement for you buddy
1a2b3c4d26z
11:20
@ClockworkBlue: god I hope that's true
if the country was run the same as Mich Law it would be a better place
Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
1a2b3c4d26z
11:25
I have no idea why people have so much beef w berkeley's app
I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.
1a2b3c4d26z
11:26
Like... it's a more involved app but you don't have to do it? They're clearly trying to have some self-selection go on
I 100% agree with the self selection, I also am not even close to touching the medians there. However I think the huge PS plus the video and especially the very specific criteria for the why Berkeley essay is pretty crazy
I'm curious, how bold can one be in those videos? Is it worth making a satirical Jason Statham-action short if the adcoms have no sense of humor?
the more risk you take the higher chance of it backfiring
my instinct would be low humor bc if they have such a complex application I would feel hesitant to use a major part of it as a joke. They clearly take their admissions seriously and a joke video might convey the wrong thing at the wrong time. I think that humor is best put into a PS anecdote where it adds some shine to your personality
safe is always better
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