TEXCOM Calls TOD Statute “Fundamentally Flawed”

July 5, 2017
June 2017

On June 1, 2017, the Executive Committee of the Trusts and Estates Section of the State Bar of California – TEXCOM – submitted a 10-page letter to the California Law Review Commission on California’s Revocable Transfer on Death Deed (TOD) law. TEXCOM’s letter outlines numerous areas of concern regarding TODs, and ultimately deems the TOD law “fundamentally flawed in a way that TEXCOM fears is not capable of being remedied.”The TOD statute – enacted through Assembly Bill 139 (2015) – contains a sunset provision for January 1, 2021 and requires the California Law Review Commission to conduct a study and make recommendations to the legislature by January 1, 2020. 

Read TEXCOM’s full letter...

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