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Missouri Transfer-on-Death (Beneficiary) Deed naming your beneficiaries. writing a description of the property. reviewing your completed deed, and. signing the deed and having it notarized.
A transfer on death direction transfers the owner's interest in the property to the designated beneficiary, effective on the owner's death, if the property is registered in beneficiary form prior to the death of the owner, or if the request to make the transfer on death direction is delivered in proper form to the ...
A Beneficiary Deed must be signed by the Grantor in the presence of a Notary Public and then properly recorded with the local County Recorder of Deeds office (where the real property is located). A Beneficiary Deed must be recorded to become effective under Missouri law. The Grantee does not sign such deed.
In Missouri, real estate can be transferred via a TOD deed, also known as a beneficiary deed. This deed allows a property owner to designate a beneficiary who will automatically inherit the property upon the owner's death, avoiding probate.
You may either prepare it yourself or contact a real estate attorney to prepare it on your behalf. If you choose to prepare it yourself you will need a standardized form (Quit Claim Deed, Warranty Deed, Beneficiary Deed, any type of Affidavit, etc.) that meets Missouri formatting requirements.