Dinero y deudas

A Transfer on Death Instrument is a document that allows a person who owns Illinois real estate Property consisting of land or buildings like a house or an apartment to give it to another person when they die. The document works outside of the probate A court process where a person's property is given out after they die process, so the beneficiary A person that gets property or money from someone when they die does not have to go to probate court to get the house.
 

En Illinois, un instrumento de transferencia por fallecimiento solo se puede usar para bienes inmuebles. Esto incluye terrenos, casas, propiedades comerciales y tierras agrícolas.
 

A Transfer on Death Instrument (TODI) can be used by a person to transfer real estate Property consisting of land or buildings like a house or an apartment  they own to a beneficiary A person that gets property or money from someone when they die when they die outside of the probate A court process where a person's property is given out after they die process. Esto puede ahorrar tiempo y dinero en el futuro, ya que la transferencia no necesita ser parte de un proceso de sucesión. Many people who use a TODI also use a small estate All of the property a person owns at their death affidavit A notarized written statement signed by a person under oath for the rest of their property.
 

A beneficiary A person that gets property or money from someone when they die listed on a Transfer on Death Instrument (TODI) can be anyone still alive. La propiedad también se puede ceder a una empresa, a un fideicomiso o a una entidad gubernamental. También puede haber más de un beneficiario. También es una buena idea nombrar beneficiarios contingentes (de respaldo) en caso de que uno o más de los beneficiarios mueran antes que el propietario de la propiedad o no puedan heredar la propiedad por cualquier motivo.

El propietario de la propiedad puede nombrar a alguien en virtud de 18 años como beneficiario de TODI. However, minors cannot own real estate Property consisting of land or buildings like a house or an apartment in their own name, so the property will not automatically pass to a minor A person under 18 years old upon the death of the owner. The owner will need to designate an adult Any person 18 years old or over custodian to manage the property for the minor until they reach the age of majority. 

Los TODI están disponibles para los propietarios que poseen propiedad como copropietarios con derechos de supervivencia (JTWROS), como inquilinos en su totalidad (solo para parejas casadas) y como inquilinos en común.

Transfer on Death Instruments (TODI) are available to property owners who own real estate Property consisting of land or buildings like a house or an apartment as joint tenants with rights of survivorship (JTWROS), as tenants by the entirety (for married couples only), and as tenants in common.

Para los copropietarios y los inquilinos en su totalidad, el TODI sigue siendo revocable por el último propietario superviviente y no se vuelve efectivo hasta que el último propietario superviviente fallece. Si no todos los copropietarios ejecutan (firman y registran) el TODI, y si el último propietario superviviente no ejecutó el TODI, entonces se vuelve ineficaz. It is important to note that a TODI does not sever a joint tenancy A type of ownership in which the owners have equal shares and have a right of survivorship. The right of survivorship means that when one owner dies, the other owners split that owner's share. or tenancy by the entirety.

If the property is owned as tenants in common and all of the tenants in common do not execute the TODI, then the TODI beneficiary A person that gets property or money from someone when they die becomes a tenant A person who rents a space in common with the other common tenants upon the death of the owner who executed the TODI. 

Yes, executing a Transfer on Death Instrument (TODI) does not give any rights to the beneficiary A person that gets property or money from someone when they die until the property owner dies. El propietario de la propiedad aún puede hacer cualquier cosa con la propiedad que cualquier otro propietario tendría derecho a hacer. This includes selling the property or using it as collateral Property a person promises to give up if they do not repay a loan on a loan. Los derechos del propietario sobre la propiedad no se ven afectados por el TODI.

No hay consecuencias fiscales por el uso de un instrumento de transferencia por fallecimiento (TODI) durante la vida del propietario de la propiedad, pero tampoco hay evasión fiscal disponible al ejecutar un TODI. If the value of an owner’s estate All of the property a person owns at their death exceeds certain threshold amounts, the estate will still have to pay estate tax.

A Transfer on Death Instrument (TODI) automatically transfers the property to the beneficiary A person that gets property or money from someone when they die after the owner’s death.

While not mandatory, it is strongly recommended that the beneficiary of a TODI file a Notice of Death Affidavit A notarized written statement signed by a person under oath and Acceptance of Transfer on Death Instrument at the County Recorder in the county where the property is located. Se recomienda que este Aviso se presente dentro de los dos años posteriores a la muerte del propietario de la propiedad, ya que proporciona un aviso público de la transferencia.

Yes, a property owner who has signed a Transfer on Death Instrument (TODI) can cancel or revoke Cancel or take back the TODI at any time before they die. However, the revocation must be notarized and recorded with the county Recorder of Deeds Government office that keeps records and documents on property ownership in the same county where the original TODI was filed. Un documento o testamento no registrado no puede anular un TODI.

Si la pareja del dueño de la propiedad sobrevive, la pareja puede cancelar el TODI incluso si han estado separados durante mucho tiempo. Si la pareja puede cancelar el TODI, obtendrá una parte de la propiedad. If the property owner does not want the spouse to cancel the TODI, they must either divorce or get the spouse to waive To give up a legal right or pardon a fee their right to renounce the TODI.

Obtenga más información sobre como cancelar o revocar un instrumento de transferencia por fallecimiento.

Un propietario de propiedad aún puede usar un instrumento de transferencia por fallecimiento (TODI), incluso si tiene un testamento. A TODI is a separate document from a will and is only used to transfer real estate Property consisting of land or buildings like a house or an apartment outside of the probate A court process where a person's property is given out after they die process. Además, un TODI debidamente registrado tendrá prioridad sobre cualquier disposición de un testamento que contradiga el TODI.

A property owner can still file a Transfer on Death Instrument (TODI) if they have a mortgage A loan given by a bank that is used to help someone buy a home on their property. No afectará a la hipoteca durante la vida del propietario y no activará ninguna cláusula de vencimiento en la hipoteca.

Mortgages follow the property, so if there is still a mortgage in place when the property owner dies, the TODI beneficiary A person that gets property or money from someone when they die will inherit the property subject to that mortgage or any other liens that may be in place. El beneficiario de TODI deberá hacer arreglos con los prestamistas para continuar pagando la hipoteca.

Un propietario puede nombrar beneficiarios de respaldo en su instrumento de transferencia por fallecimiento (TODI) para cubrir la posibilidad de que uno o todos los beneficiarios mueran antes que el propietario. Si el propietario de la propiedad no nombra a los beneficiarios de respaldo en su documento TODI, se aplicarán los siguientes escenarios:

• If there is only one TODI beneficiary A person that gets property or money from someone when they die and that beneficiary is a descendant of the property owner, the property will be divided equally among the deceased beneficiary’s descendants.
• If there is only one TODI beneficiary and that beneficiary is not a descendant of the property owner, then the property will be included in the property owner’s estate All of the property a person owns at their death and will have to go through the probate A court process where a person's property is given out after they die process.

When there is more than one beneficiary and one of the beneficiaries dies before the property owner, the owner can revoke Cancel or take back the TODI and execute (sign and record) a new TODI to make sure the property will go to whom they want according to their wishes. Si el dueño de la propiedad no ejecuta un nuevo TODI cuando uno de los múltiples beneficiarios fallece antes que él, los beneficiarios vivos restantes dividirán y tomarán las partes de la propiedad del beneficiario fallecido. 

Un instrumento de transferencia por fallecimiento (TODI) de Illinois solo se puede usar para transferir propiedad que se encuentra en Illinois. If a property owner owns real estate Property consisting of land or buildings like a house or an apartment in another state, that owner would need to follow the TODI rules in the state where that property is located. Cada estado que permita los testamentos en vida (TODI) tendrá sus propios formularios y reglas para estos tipos de transferencias de propiedad.

La Ley de Instrumento de Transferencia por Fallecimiento de Bienes Inmuebles de Illinois se puede encontrar en 755 ILCS 27/. Para obtener más información y formularios para presentar un instrumento de transferencia por fallecimiento, lea Crear un instrumento de transferencia por fallecimiento.
 

Puede completar y presentar el instrumento de transferencia por fallecimiento usted mismo. However, it may be a good idea to get a lawyer Someone who represents clients in courts or who gives legal advice to help find the information needed for the form or review it before recording it.

Puede usar Obtenga ayuda legal para encontrar una organización de asistencia legal gratuita o un abogado privado cerca de usted.