Transfer on death deed is a legal document in Maryland that allows individuals to transfer their real property to beneficiaries upon their death without the need for probate. This type of deed is commonly used as an estate planning tool to ensure a smooth and efficient transfer of assets. Maryland offers two different types of Transfer on Death (TOD) deed forms: the Enhanced Life Estate Deed and the Beneficiary Deed. The Enhanced Life Estate Deed, also known as a Lady Bird Deed, allows the property owner to retain control and possession of the property during their lifetime while designating a specific beneficiary to inherit the property upon their death. This type of deed provides flexibility as the property owner can sell, mortgage, or modify the property without obtaining consent from the beneficiary. On the other hand, the Beneficiary Deed functions similarly to a traditional deed, but with the added provision that the property will pass directly to the designated beneficiary upon the owner's death. This deed allows the property owner to maintain complete control over the property during their lifetime and has the advantage of bypassing the probate process. Both forms of the Transfer on Death deed in Maryland can be utilized by property owners to avoid probate and ensure a smooth transfer of assets to their chosen beneficiaries. It is worth noting that these deeds must conform to specific legal requirements as outlined in Maryland's statutes to be valid. Therefore, it's important for individuals considering utilizing these forms to consult with an attorney knowledgeable in Maryland estate planning law to ensure compliance and protect their interests.