Section 72-6-411 - Effect of transfer on death deed during transferor's lifeDuring a transferor's life, a transfer on death deed does not:
(1) affect an interest or right of the transferor or any other owner, including the right to transfer or encumber the property;(2) affect an interest or right of a transferee, even if the transferee has actual or constructive notice of the deed;(3) affect an interest or right of a secured or unsecured creditor or future creditor of the transferor, even if the creditor has actual or constructive notice of the deed;(4) affect the transferor's or designated beneficiary's eligibility for any form of public assistance;(5) create a legal or equitable interest in favor of the designated beneficiary; or(6) subject the property to claims or process of a creditor of the designated beneficiary.Added by Laws 2019, Ch. 313,Sec. 94, eff. 10/1/2019.