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CT HB06896
Bill
Status
2/6/2025
Primary Sponsor
Insurance and Real Estate Committee
Click for details
AI Summary
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Adopts the Uniform Real Property Transfer on Death Act in Connecticut, effective October 1, 2025, allowing individuals to transfer real property to designated beneficiaries upon death without going through probate.
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Transfer on death deeds must be recorded with the town clerk before the transferor's death, require no notice to or acceptance by beneficiaries, and remain revocable at any time regardless of contrary provisions.
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Property transferred via transfer on death deed remains subject to creditor claims, estate administration costs, funeral expenses, and statutory allowances to surviving spouses and children if the probate estate is insufficient.
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Beneficiaries must survive the transferor to receive property; if a beneficiary predeceases the transferor, that interest lapses or passes to remaining designated beneficiaries.
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Amends existing statutes to ensure transfer on death deeds cannot defeat a surviving spouse's statutory share election and that persons convicted of killing the property owner cannot inherit through these deeds.
Legislative Description
An Act Concerning Adoption Of The Uniform Real Property Transfer On Death Act.
Last Action
Public Hearing 02/11
2/7/2025