Want to keep your house, or other valuable real estate, out of probate? A transfer-on-death (TOD) deed—called a "beneficiary deed" in some states—lets you name someone to receive your property when you die. A TOD deed is similar to a regular deed, but there's a crucial difference: It doesn't take effect until your death.
In recent years, many states have adopted laws allowing transfer-on-death deeds. Now this probate-avoidance tool is available in most states. (To make a TOD deed that's valid in your particular state, you can use a reputable service like WillMaker.) In the articles below, find out more about whether a TOD deed makes sense for your circumstance, and how to make one.