transfer-on-death deed
- A legal document that permits the owner of a property to pass it directly to an appointed beneficiary upon their death, facilitating the process to skip probate court procedures
- To avoid tedious legal procedures after his death, the elderly man structured a transfer-on-death deed.
- A transfer-on-death deed is only applicable in certain states.
- The daughter was relieved to find that her mother had arranged a transfer-on-death deed for the family home.
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