Legal Question in Wills and Trusts in Ohio

Transfer on death deed

I live in Ohio and have tod deed to

my daughter. This will avoid probate courr. But will she have to

pay inheritance tax?

Thanks you


Asked on 5/11/09, 6:00 pm

1 Answer from Attorneys
Elizabeth Schmitz Elizabeth S. Schmitz Attorney at Law

Re: Transfer on death deed

You are correct that a trasnfer on death deed avoids probate. Your daughter will still have to pay estate tax if your total estate is above the Ohio estate tax exemption which is currently $338,333.00.

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Answered on 5/11/09, 6:07 pm


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