Sacramento Report
July 19, 2011
Transfer on Death Deed Legislation Stalls Until 2012
Legislation establishing a procedure to use deeds that only become effective at death failed to pass out of the Senate Judiciary Committee Tuesday before a crucial 2011 deadline and can be revisited in 2012. Assembly Bill 699 (Wagner) was opposed by the California Land Title Association, the California Escrow Association, the California Advocates for Nursing Home Reform, the California Association of Public Administrators, Public Guardians, and Public Conservators, as well as the California Judges Association.
This is the third year in a row that the bill has been introduced in the Legislature. The CLTA argued that the proposal would lead to an increase in fraud and elder abuse and is seeking amendments.
