A Nevada deed upon death is a legal tool used for transferring real estate to a beneficiary following the death of the property owner (the grantor). A deed upon death, also known as a “transfer on death” or “beneficiary” deed, circumvents the need for a lengthy and costly probate procedure and allows the passing of one’s real estate without court intervention. The document doesn’t affect the grantor’s property rights while they’re alive, and it can be revoked at any time. Only after the last grantor in the deed dies will the beneficiary receive title to the property.