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The Transfer on Death Instrument: A Great Option for Passing Real Estate to Your Beneficiaries

A new estate planning tool is available for Illinois* residents that can help avoid probate and speed up the administration of your estate when you pass away. It is called the "Transfer on Death Instrument," or "TODI" for short. A TODI is basically a delayed deed that takes effect upon the death of all of the current owners of a piece of real estate. A TODI can…

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