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Rules that Apply to the Missouri Affidavit of Heirship This method can be used for real estate only. The real estate must be titled into the name of the deceased individual. The deceased person must have been dead for more than one year. No will can have been admitted to probate within one year.
Beneficiary Deeds. This transfer upon death will take place without the real estate having to go through probate and without having to jointly title such property with children, spouses, or other intended beneficiaries while the owner is still alive.
Missouri Beneficiary Deed Rev. Stat. section 461.025.) You must sign the deed and get your signature notarized, and then record (file) the deed with the county recorder of deeds office before your death.
In Missouri, establishing a TOD provision usually involves filling out a form provided by the financial institution that holds your assets. For real estate, a TOD deed must be filled out and recorded with the county recorder's office.
For the most part, it involves recording an affidavit that includes the grantor owner and grantee beneficiary's information, recording details about the beneficiary deed, and specifics regarding shared ownership of the property.