Missouri tod form 2025

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POD accounts are among the rare legal tools that are easyand freeto make. Some banks allow you to update a POD designation online for some types of accounts. If your bank doesnt allow you to make a POD designation online, go to your banks local branch and ask for a form to name a POD beneficiary.
Until you file a TOD Deed, it wont be valid. To record it, you need to find your Land Records office in the county the property is in. This entity can be several names, including: County Recorder, Registrar of Deeds or Land Registry, to name a few.
Unlike a traditional will, a Missouri beneficiary deed sometimes called a transfer on death deed, allows for a direct property transfer upon the owners death without probate court involvement.
You must complete an Application for Missouri Title and License (Form 108) and submit the application by mail or at any Missouri license office. This is also a good time to add a Transfer on Death (TOD) beneficiary. Lienholder authorization is required to add or remove a name from a title if an outstanding lien exists.
You can obtain one from an online search for Beneficiary Deed or Transfer on Death Deed or often from the same Recorders Office that holds copies of the deeds. Ensure that you find one for the state where the property is located. Complete the form, being specific about the beneficiaries.
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To fill out a Missouri Transfer on Death Deed, the owner must provide their name, the name of the beneficiary, a legal description of the property, and sign the document in the presence of a notary public.
If youre thinking about ways to keep your home out of probate, and TOD deeds are an available option in your state, they are well worth considering. Unless you have a complex situation or have specific concerns, you likely wont need a lawyer to create a TOD deed.

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