J.D. Hodges

A beneficiary deed allows for property to transfer on death (TOD) without going through probate. The beneficiary deed only goes  into effect upon death of the owner, therefore it does not actually transfer property until the owner’s death and therefore it does notpreclude transfer before death. In other words, if an owner executes a beneficiary deed and then decides to sell the property, that it is not a problem. The Missouri Bar provides an overview of Estate Planning methods and