Deed services
Beneficiary Deed
Title Resources Inc. is a small and friendly title company that will keep you informed through every step of the process.
Transfer on death
What is a Beneficiary Deed?
A beneficiary deed, also known as a transfer-on-death deed (TOD deed), is a legal document used for transferring real property to a designated beneficiary upon the property owner's death without the need for probate. You might consider getting a beneficiary deed in the scenarios listed below.
It's important to note that the rules and requirements for beneficiary deeds can vary by state, as not all states allow them or have specific statutory requirements for their use. If you are considering using a beneficiary deed, it's crucial to consult with an attorney experienced in estate planning and real estate law. Additionally, you should keep the beneficiary designation up to date to reflect any changes in your estate planning or beneficiaries' circumstances.
Order today
Beneficiary Deed
Contact us and we will start your process ASAP. If you are unsure of any information, email us at deeds@TitleResourcesInc.com and we will provide guidance on your unique situation. We currently only support deed work for properties in the state of Missouri.
When to consider a beneficiary deed
- Estate Planning: A beneficiary deed can be part of your estate planning strategy. If you want to ensure that a specific person or entity inherits your property without going through the probate process, you can name them as the beneficiary on the deed.
- Avoiding Probate: Probate is a court-supervised process that can be time-consuming and costly. By using a beneficiary deed, you can bypass the probate process for the property subject to the deed, allowing for a quicker and less expensive transfer of ownership to the designated beneficiary.
- Single Property Owner: If you are the sole owner of a property and want to make it easier for your heirs to inherit the property when you pass away, a beneficiary deed can be a useful tool.
- Avoiding Disputes: Clearly designating a beneficiary on a beneficiary deed can help prevent disputes among potential heirs or beneficiaries regarding the property's ownership after your death.
- Real Estate Investment: If you own investment properties and want to ensure a smooth transfer of those properties to specific beneficiaries, you can use beneficiary deeds for each property to simplify the inheritance process.
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Real reviews from real closings
Don't take our word for it.
"Tracy was amazing throughout the entire process, super knowledgeable and super quick to respond. Closing was easy as it gets. Communication was quick and reliable!"
Daniel Maki
"Brian and the entire Title Resources team walked us through every step of the process when closing on our new home. Incredibly thorough, easy to get in touch with, and overall joyful to work with."
Lauren Curran
"Title Resources Inc kept us updated during the entire closing process. Very efficient and friendly. On closing day, they took the time to explain everything we were signing. I will definitely use them for my next real estate transaction."
Jim Loughlin
