McKinney Estate Planning Attorney
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Transfer on Death Deed (TOD)

What is a TOD & What are the Benefits?

A transfer on death deed (TOD) is a legal document that can be used to transfer property to designated beneficiaries upon death. Many individuals use this estate planning tool to pass on real estate to their loved ones and it provides an extensive range of benefits. While regular deeds automatically transfer the designated property upon signing, many individuals do not want this to occur while they are still alive, and it also may create additional taxation issues.

At The Willingham Law Firm, PC, our McKinney estate planning attorneys can help you create a TOD that adequately expresses your final wishes with respect to transfer of property. With a solid and comprehensive estate plan in place, both you and your family can enjoy security and peace of mind far into the future!

Having a TOD in place provides numerous advantages, such as:

  • Ensuring that your property is transferred to the designated beneficiaries upon death and your final wishes are carried out
  • Being able to retain ownership of the property while you are still alive
  • Avoiding the stress and expense of probate the probate process

Schedule Your Free Consultation Today!

A transfer on death deed is often an excellent way to make sure that your property goes to the people you want it to go to. In fact, this document will trump living trusts, wills, and other legal documents. Generally speaking, creating a TOD is a relatively easy process, and having the assistance of an experienced team of McKinney estate planning lawyers can help ensure that the final document meets your needs and goals.

To learn if creating a TOD is the right fit for your situation, contact us today at (214) 499-9647 in McKinney, (972) 848-3357 in Plano, or (469) 447-7757 in Frisco to schedule a free consultation!

Recent Reviews
From Satisfied Clients

  • Taylor's expertise along with the firms very knowledgeable and professional staff are something every family should experience when it comes to estate planning.

    “My wife and I have a blended family and were blind to what we needed to have established in order to protect our legacy in the event something devastating happened to one or both of us. Taylor made this easy, simple to understand, and also guided us through some of the tough decisions that we could make ahead of time instead of putting our family through turmoil later. Taylor's expertise along with the firms very knowledgeable and professional staff are something every family should experience when it comes to estate planning. A process that can be frightening and uncomfortable to discuss was turned into a great experience and provide valuable protection for our family within a very short period of time.”

    Terrence Thomas

  • Taylor Willingham is an extremely knowledgeable, patient, and caring attorney.

    “Taylor Willingham is an extremely knowledgeable, patient, and caring attorney. He is the consummate professional.”

    Parker Perret

  • Taylor and his team have been invaluable assets to me.

    “Taylor and his team have been invaluable assets to me. Taylor has a way of taking complicated subjects and breaking them down to something tangible and simple to work through. Rachelle might be the most helpful person ever! She has been great in explaining and teaching. Highly recommend the firm!”

    Brad Barton

  • Taylor Willingham actually helps set up estate planning and wills so there will not be any legal wrangling over estates when the time comes.

    “Was surprised (in a good way) to see how Taylor Willingham actually helps set up estate planning and wills so there will not be any legal wrangling over estates when the time comes. Too many lawyers want to to set up wills so there is still plenty of billable hours for them at probate. A very refreshing change!”

    David Quisenberry

  • Taylor and the fine folks in his office are always there for us. Its always a pleasure dealing with the efficient processes delivered by this team of fine professionals.

    “The Willingham Law Firm team comes through once again! Whether it be long-distance scheduling, remote consultation or explanation of complex agreements, Taylor and the fine folks in his office are always there for us. Its always a pleasure dealing with the efficient processes delivered by this team of fine professionals.”

    Michael Frank