Key facts: Nebraska TODDs must be recorded with the county register of deeds before the transferor's death to be valid; the $50,000 estate value limit determines eligibility for simplified probate procedures affecting transferred property; a 30-day statutory waiting period applies to revocation procedures; beneficiaries acquire no interest until the transferor's actual death; and the transferor retains full authority to sell, mortgage, or otherwise encumber the property during their lifetime despite the TODD designation.