[§527‑ 12] Effect of transfer on death deed during transferor's life.
191 words·~1 min read·
/hi/chapter-527/527-13A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[§527‑ 12] Effect of transfer on death deed during transferor's life. During a transferor's life, a transfer on death deed shall not:
(1)Affect an interest or right in the subject property of the transferor or any other owner, including the right to transfer or encumber the subject property;
(2)Affect an interest or right in the subject property of a transferee, regardless of whether the transferee has actual or constructive notice of the deed;
(3)Affect an interest or right in the subject property of a secured or unsecured creditor or future creditor of the transferor regardless of whether 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 the subject property in favor of the designated beneficiary; or
(6)Subject the subject property to claims or process of a creditor of the designated beneficiary. [L 2011, c 173, pt of §1]
Law Journals and Reviews
The Hawai`i Uniform Real Property Transfer on Death Act--Another Tool in the Estate Planner's Arsenal. 15 HBJ, no. 13, at 43 (2013).