Part 2: Potential pitfalls. Real estate mediator Jim Hildreth gives details on California’s has a new (2016) option for transferring a home to your heirs: the Revocable Transfer on Death (TOD) deed, also called a beneficiary deed. A homeowner can transfer their primary residence to a named beneficiary or beneficiaries upon the owner’s death without a probate proceeding.
Applicable forms are available from the Sacramento County Public Law Library’s website. Click here for additional information and forms.