5/8/2018Enacted by Chapter 26, 2018 General Session2018Effect of transfer on death deed during transferor's life.During a transferor's life, a transfer on death deed does not: affect an interest or right of the transferor or any other owner, including the right to transfer or encumber the property; affect an interest or right of a transferee, even if the transferee has actual or constructive notice of the deed; affect an interest or right of the transferor's secured or unsecured creditors or future creditors, even if they have actual or constructive notice of the deed; affect the transferor's or designated beneficiary's eligibility for any form of public assistance; create a legal or equitable interest in favor of the designated beneficiary; or subject the property to claims or process of the designated beneficiary's creditors.