RSA 563-D:12 · Effect of Transfer on Death Deed During Transferor's Life

563-D:12 Effect of Transfer on Death Deed During Transferor's Life. – During a transferor's life, a transfer on death deed does not:

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I.

Affect an interest or right of the transferor or any other owner, including the right to transfer or encumber the property;

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II.

Affect an interest or right of a transferee, even if the transferee has actual or constructive notice of the deed;

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III.

Affect an interest or right of a secured or unsecured creditor or future creditor of the transferor, even if the creditor has actual or constructive notice of the deed;

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IV.

Affect the transferor's or designated beneficiary's eligibility for any form of public assistance;

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V.

Create a legal or equitable interest in favor of the designated beneficiary; or

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VI.

Subject the property to claims or process of a creditor of the designated beneficiary. Source. 2024, 1:1, eff. July 1, 2024.

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