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Transfer on Death Deed

Transfer on Death Deed

Property transfer on death deed

Designating IU as your beneficiary is a hassle-free way to ensure that your wishes are carried out because the university becomes the new property owner upon your passing.

How designating IU as the beneficiary of your property can benefit you:

You’ll potentially avoid the probate process, saving time, effort, and expense for your loved ones.
You’ll reduce the size of your taxable estate.
You’ll spare your heirs the complexities of a sale while fulfilling your wishes to support IU.

Questions? Contact our team.

Eight students have been awarded the Harry family scholarship we established in our parents’ honor, and we look forward to many years of supporting students in the future. To ensure we can achieve this, we have made a planned gift of real estate. Using a transfer on death deed of Janet’s home worked well because it is revocable in case Janet decides to move or needs the home for unforeseen long-term care expenses, yet simplifies her estate and keeps the home out of any probate process. Most importantly, it satisfies our intention of honoring our family’s legacy at Indiana University.
Janet Harry-Taylor, BS’81, and Jill Rahman, MBA’91, established a scholarship in memory of their parents, Wilma Harry, BA’56, MA’60, and Charles Harry IV, BA’56, MS Ed.’57