Minnesota authorizes transfer on death deeds
On May 18, 2008, the Governor of Minnesota approved H.F. 3420 (Chapter 341, § 5) which authorizes transfer on death deeds (effective August 1, 2008). Minnesota now joins the approximately ten other states that allow this technique.
The National Conference of Commissioners on Uniform State Laws is also working on a Uniform Real Property Transfer on Death Act. This link will take you to the discussion draft of July 2008.
Special thanks to David D. Danielson (Adjunct Professor and Director of Planned Giving, Northwestern College & Northwestern Radio, St. Paul, MN) for bringing these developments to my attention.
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