Property Ownership
In Ohio, a Transfer on Death (TOD) deed allows a property owner to:
ATransfer property during their lifetime to avoid probate
BName a beneficiary to receive the property upon the owner's death without going through probate✓ Correct
CCreate a life estate automatically
DAvoid all property taxes during the owner's lifetime
Explanation
Ohio's Transfer on Death deed (authorized under ORC 5302.22) allows an owner to name a beneficiary who will receive the property automatically upon the owner's death, bypassing probate.
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