Estate Administration 101: I’ve Executed a Transfer-on Death Deed. Now What?
A Minnesota transfer-on-death deed (a “TODD”) is type of deed that transfers ownership of real estate effective only upon the grantor’s death. Think of a transfer-on-death deed as analogous to adding a beneficiary designation to your real estate, just as you would a life insurance policy or a bank account. We’ve covered more of the basics of using a transfer on death deed here. In order to be effective, a transfer-on-death deed must expressly state that the deed is only effec