An Indiana transfer on death deed is an estate planning tool that allows a property owner to designate who will receive their property in the event of their death. If properly executed, the deed will allow the beneficiary of the property to avoid a potentially long and arduous probate process. The deed will have no effect on the owner’s property rights while they are alive. Until their death, the owner will maintain ownership rights and have the ability to transfer the title, lease the property, add or remove beneficiaries, or revoke the transfer on death deed in its entirety.