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2. Unlock the Power of a Transfer on Death Deed: How It Works - AOL

   www.aol.com/transfer-death-tod-deed-2023...

   TOD deeds are legal documents that can be filed in local land records offices, and do not require the notice of the beneficiary, though it’s probably a good idea to give them a heads up.

3. Deed of trust (real estate) - Wikipedia

   en.wikipedia.org/wiki/Deed_of_trust_(real_estate)

   Transactions involving deeds of trust are normally structured, at least in theory, so that the lender/beneficiary gives the borrower/trustor the money to buy the property; the borrower/trustor tenders the money to the seller; the seller executes a grant deed giving the property to the borrower/trustor; and the borrower/trustor immediately executes a deed of trust giving the property to the ...

4. Testamentary trust - Wikipedia

   en.wikipedia.org/wiki/Testamentary_trust

   A testamentary trust provides a way for assets devolving to minor children to be protected until the children are capable of fending for themselves; [3] A testamentary trust has low upfront costs, usually only the cost of preparing the will in such a way as to address the trust, and the fees involved in dealing with the judicial system during probate.

5. Residuary estate - Wikipedia

   en.wikipedia.org/wiki/Residuary_estate

   The person identified in such a clause is called the residuary taker, residuary beneficiary, residuary legatee, or residuary devisee. [2] Such a clause may state that, in the event that all other heirs predecease the testator , the estate would pass to a charity (that would, presumably, have remained in existence).

6. Trust instrument - Wikipedia

   en.wikipedia.org/wiki/Trust_instrument

   In trust law, a trust instrument (also sometimes called a deed of trust, where executed by way of deed) is an instrument in writing executed by a settlor used to constitute a trust. Trust instruments are generally only used in relation to an inter vivos trust ; testamentary trusts are usually created under a will .

7. Probate - Wikipedia

   en.wikipedia.org/wiki/Probate

   In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the state where the deceased resided at the time of their death.