A Missouri beneficiary deed, also known as a “transfer on death deed,” is a document that transfers real estate from its deceased owner to a beneficiary. In executing this instrument, the property owner ensures that the transfer will bypass probate and the beneficiary will receive the property without any complications. The owner will hold title while alive and can sell the property or revoke the beneficiary deed at any time. For the deed to be valid, it must be executed before the owner’s death and filed with the recorder of deeds in the city or county in which the property is situated before the owner’s death.
- Statutes: Title 31, Ch. 461, Title 29, Ch. 442
- Formatting: § 59.310
- Signing Requirements (§ 442.130): Notary Public
- Where to Record: Recorder of Deeds
- Recording Fees: Generally, $24 for one (1) page and $3 for each additional page. Verify by consulting the recorder of deeds website for the county in which the property is located.