Transfer on Death Designation

A beneficiary designation for property that allows for the automatic transfer of the property to a named individual upon the owner’s death without the need for probate. This designation can allow an individual to make assets available immediately to a beneficiary who may depend upon prompt receipt of those assets. It also avoids the cost and inconvenience of going through probate proceedings. A transfer on death designation may also be referred to as a payable on death designation.

Estate Planning Blog

Get useful estate planning insights about wills, trusts, elder law, special needs planning, and more from the estate planning attorneys at TuckerAllen.

Read More


O'Fallon, MO

2897 Highway K Suite 210 O’Fallon, MO 63368

Kirkwood

1001 S. Kirkwood Road Suite 130 Kirkwood, MO 63122

Fairview Heights

331 Salem Place Suite 210 Fairview Heights, IL 62208

Town & Country

12935 North Forty Drive Suite 102 Town & Country, MO 63141

Reference: Transfer on Death Designation