Relating generally to transfer on death deed

SB 193 clarifies requirements for transfer on death deeds in West Virginia, which allow property owners to transfer real estate to beneficiaries upon their death without probate. The bill specifies that the transferor must have the same legal capacity as required to make a will (matching will-making standards), and the deed must explicitly state the transfer occurs at the transferor's death. It also requires the deed to be recorded before the transferor's death in the county clerk's office and exempts it from excise tax because the transfer remains revocable until death. This affects property owners using transfer on death deeds to simplify estate planning for real estate.