a transfer on death (TOD) deed may be the answer. Because a TOD deed, also known as a beneficiary deed, bypasses probate, it can simplify the inheritance process and reduce costs for your loved ones.

Transfer-on-Death deeds promise probate-free inheritance — but can spark legal chaos, tax surprises, and family feuds. U.S.

It depends on your state. A transfer on death, or “ladybird” deed, allows you to maintain complete control over the property during your life, but to name who will receive it upon your death.

It is called a transfer on death deed, and it has taken off in the past 15 years. New York and New Hampshire added the option last year.

Investopedia / Joules Garcia A transfer on death (TOD) is a legal designation that allows named assets to automatically pass to stated beneficiaries upon the account holder's death. A transfer on ...

TOD deeds: Transfer-upon-death (TOD) deeds work similarly to lady bird deeds and are available in 29 states. The biggest difference is that they allow for contingent beneficiaries. Quitclaim deeds ...

I have no mortgage. If I add him to the deed as a joint tenant, will I have to pay gift tax? Would it be better to do a transfer-on-death deed, which has recently been made available in my state ...