Q: Can you leave property to anyone you choose in Oklahoma
I take care of my eldest friend, who suffers with cancer. He wants to leave the house to where I take over the payments for the house for exactly what he owes for it. How?
A:
Sorry about your friend's issue. I'm assuming that your friend is not married. One way to accomplish this is with a Transfer on Death Deed. The property remains his until he passes. Once he does you have 9 months to file a claim form with a copy of his death certificate. This method avoids probate completely. This can be set up for under $150. The important thing is that the person named has the claim form ready.
He could also set up a simple trust and leave it to you in this method. A trust is a little more costly but can offer you certain protections.
This could also be done with a Will but that involves probate.
Aside from the inheritance, your friend should consider an advanced healthcare directive, powers of attorney and a HIPAA release if you re taking care of him.
He can also create a transfer on death for a vehicle.
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