Sen. Bailey bill to protect transfer on death deed recipients signed into law, becomes effective immediately

AUGUSTA — On Wednesday, March 16 Gov. Janet Mills signed a bill from Sen. Donna Bailey, D-Saco, that would protect transfer on death deed recipients. An amended version of the bill, LD 1752, “An Act To Provide Insurance Coverage for a Beneficiary on a Transfer on Death Deed,” will take effect immediately. “Although this is … Continue reading Sen. Bailey bill to protect transfer on death deed recipients signed into law, becomes effective immediately