Transfer On Death Deed

What's the difference between a transfer-on-death deed and putting property in a living trust?

A transfer-on-death deed (also called a beneficiary deed) lets you name someone to inherit your real estate automatically when you die, without going through probate — and without giving up any control while you're alive. A revocable living trust does the same thing but also covers other assets like bank accounts, investments, and personal property, all under one document. Transfer-on-death deeds are only recognized in some states, so whether this option is available depends entirely on where your property is located. Families with multiple asset types or properties in different states often find that a living trust offers broader coverage than a deed alone.