Family Law
Family Law News 2016, Issue 1, Volume 38, No. 1
Content
- Frequently Asked Questions proposed by Ab139
- Notice: Californians Have a New 2016 Law to Keep Homes out of Probate and You Can Use the Law to Help Your Family Law Clients
- Message from the Editor
- Family Law News Editorial Team
- From Our Readers
- 2015 Legislation Highlights: the Year in Review
- Table of Contents
- Contempt Demystified
- Demonstrative Evidence: Don't Cross-Examine Without It ̶ Part II
- Standing Chairs and Designated Recipients of Legislation
- Late Nights and Cancellation Rights: Bolstering Enforceability of Mediated Settlements with a Cooling Off Period
- More than Just Common Sense: the Rules for the Simultaneous Exchange of Deeds and Equalizing Payments
- Family Law Section Executive Committee
- Message from the Chair
Frequently Asked Questions proposed by AB1391
Q 1. What does the TOD deed do?
A. When you die, the identified property will transfer to your named beneficiary without probate. The TOD deed has no effect until you die. You can revoke it at any time.
Q 2. Can I use this deed to transfer business property?
A. This deed can only be used to transfer (1) a parcel of property that contains one to four residential dwelling units, (2) a condominium unit, or (3) a parcel of agricultural land of 40 acres or less, which contains a single-family residence.