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You must sign the TOD designation and get your signature notarized, and then record (file) the designation with the county register of deeds before your death. Otherwise, it won't be valid. You can make a Wisconsin designation of transfer on death beneficiary with WillMaker.
Transfer on death (TOD) applies to certain assets that must be passed on without going through probate. Those named in a TOD don't have access to the assets before the owner's death. To execute a TOD, the brokerage must receive the appropriate documents to verify the assets can be transferred.
At your death, the real estate goes automatically to the person you named to inherit it (your "beneficiary"), without the need for probate court proceedings.
You must sign the deed and get your signature notarized, and then record (file) the deed with the county clerk's office before your death. Otherwise, it won't be valid. The beneficiary's rights. The person you name in the TOD deed to inherit the property has no legal right to it until your death.
Step 1: Locate the Current Deed for the Property. ... Step 2: Read the ?Common Questions? Listed on Page 2 of the TOD Deed. ... Step 3: Fill Out the TOD Deed (Do Not Sign) ... Step 4: Sign in Front of a Notary; Have Two Witnesses Sign. ... Step 5: Record the Deed at the Recorder's Office within 60 Days of Signing It.