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A Transfer on Death Deed is an additional real estate deed that adds a beneficiary designation to your house in Minnesota. This deed allows you to designate who will inherit your property upon your passing, similar to beneficiary designations on bank accounts or insurance policies. It is essential to file this deed properly through a legal professional to avoid issues after death. DIY real estate deeds can lead to problems that may only be discovered too late. Be cautious and seek professional help when dealing with Transfer on Death Deeds.
