Transfer on death deeds and beneficiary designations are powerful tools, but they can dramatically change how your estate plan actually works. In this episode, we explain what transfer on death deeds are, how they operate, and why they often override the instructions in your will or trust, sometimes without people realizing it.

You’ll learn how assets like real estate, bank accounts, and investment accounts pass outside of your estate when they have joint owners or named beneficiaries. We also discuss common scenarios where these tools can unintentionally create unequal distributions among children or completely defeat the balance your estate plan was designed to achieve.

If you’ve added a transfer on death deed or beneficiary designation after completing your estate plan, this episode is a must listen. Follow the show for more estate planning insights and take the next step to make sure every part of your plan is working together the way you intended.