A Missouri Transfer-on-Death Deed form allows property owners to transfer their real estate to a designated beneficiary upon their death, bypassing the probate process. This straightforward tool can simplify estate planning and ensure that your wishes are honored. To get started, fill out the form by clicking the button below.
In the state of Missouri, the Transfer-on-Death Deed (TODD) serves as a powerful tool for property owners seeking to streamline the transfer of real estate upon their passing. This legal document allows individuals to designate beneficiaries who will inherit their property without the need for probate, simplifying the process and potentially saving time and money for loved ones. By executing a TODD, property owners maintain full control over their assets during their lifetime, ensuring that they can sell, mortgage, or otherwise manage their property as they see fit. The form must be properly completed and recorded with the county recorder of deeds to be valid, and it is crucial to ensure that all necessary details, such as the legal description of the property and the names of the beneficiaries, are accurately included. Understanding the nuances of this form is essential for anyone considering their estate planning options in Missouri, as it not only provides clarity but also peace of mind for both the property owner and their heirs.
Missouri Transfer-on-Death Deed Template
This Transfer-on-Death Deed template is specifically designed to comply with the laws of the State of Missouri, enabling property owners to pass their real estate property directly to a beneficiary upon the owner's death without the need for a will or going through probate. This document only takes effect upon the death of the owner, allowing them to retain full control of the property while alive.
When completing this form, ensure all provided information is accurate and reflective of your wishes regarding the transfer of your property upon death. Refer to the Missouri Revised Statutes Section 461.025 for additional details and legal requirements.
Property Owner Information
Full Legal Name of Transferor (Owner): _______________________________
Physical Address: __________________________________________________
Mailing Address: ___________________________________________________
County of Residence: _______________________________________________
State of Residence: Missouri
Property Description: (Legal description of the property being transferred) ___________________________________________________________
Parcel Number: _____________________________________________________
Beneficiary Information
The beneficiary is the individual or entity designated to receive the property upon the death of the property owner. It is possible to name multiple beneficiaries.
Full Legal Name of Primary Beneficiary: _______________________________
Relationship to Transferor: _________________________________________
Percentage of Interest (if more than one beneficiary): _________________%
Full Legal Name of Secondary Beneficiary (if applicable): ________________
Percentage of Interest: _________________%
Execution
To be legally binding, this Transfer-on-Death Deed must be signed by the property owner in the presence of a notary public. Ensure the document is properly recorded with the appropriate county recorder's office in Missouri before the owner's death.
Date: ____________________
Owner's Signature: _______________________________
Printed Name: ____________________________________
Notary Public Acknowledgment
State of Missouri County of _________________________
On this day, ____________________, before me, _______________________________ (name of notary), personally appeared _______________________________ (name of property owner), known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that he/she executed the same for the purposes therein contained.
In witness whereof, I hereunto set my hand and official seal.
Notary's Signature: _______________________________
Commission Expires: _____________________________
Additional Instructions
Should the primary beneficiary predecease the owner, the property will pass to the secondary beneficiary, if one is named. If no secondary beneficiary is named or able to inherit, the property will transfer according to the state's default succession laws.
Disclaimer
This template is provided as a general guide and is intended to assist in preparing a Transfer-on-Death Deed specific to Missouri law. It is not intended as legal advice. We strongly recommend consulting with a legal professional or attorney to ensure that your rights and intentions are fully protected and that your Transfer-on-Death Deed complies with current Missouri laws.
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