A deed may include a general provision that states that such deed is subject to any and all covenants and restrictions of record. This Deed of Trust is given by., as Borrower (trustor), to. Obtain a new deed form that transfers ownership from your name to the trust's name. We provide the option to conveniently download our Trust Amendment templates in either PDF or Word format, allowing you to complete them independently. If you change your mind about your beneficiary designation, you can revoke or modify your TOD deed at any time. If you change your mind about your beneficiary designation, you can revoke or modify your TOD deed at any time. But the real work and skill comes in knowing exactly how to change title. They can change or revoke it at any point while they're alive. For example, using a deed of trust to show ownership of a child over your home is an excellent option.