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In Missouri, a TOD provision usually supersedes a will. This means that if your will stipulates that an asset should be transferred to a particular individual, but the TOD provision on the asset names a different person, the asset will transfer to the person named in the TOD provision.
A Missouri transfer-on-death deed form?technically called a Missouri beneficiary deed form?is a written document that transfers real estate effective at the owner's death. A beneficiary deed works in much the same way as a POD or TOD designation on a bank account.
A Wisconsin TOD deed must include: The name of the property owner or owners whose interest a TOD deed will transfer; The TOD beneficiary's name; and. A statement that the transfer only becomes effective upon the owner's death.
A beneficiary deed (often called a "transfer on death" or "TOD" deed in other states) is like a regular deed you might use to transfer your Missouri real estate, but with a crucial difference: It doesn't take effect until your death.
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.