New York adopted TOD for real estate beginning last month.Just read that TOD is now available in NY. Is this necessary or just updating her will be sufficient?...
A co-op apartment is not real estate. So she can't transfer it by deed.
New York was one of the last states to have TOD for securities but it adopted it about 20 years ago. So you could check with the co-op board or management to see if they offer it for co-op shares.
Statistics: Posted by bsteiner — Fri Aug 30, 2024 8:19 am