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Missouri Deed Beneficiary Form

Missouri Deed Beneficiary Form

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hello this is Tim mccurdy with your elder law and estate planning answers and today we're going to discuss using a beneficiary bead for many people their most significant asset of their estate is going to be their home and they need some form of estate planning to transfer that home to their loved ones without necessarily incurring the expense of a more significant estate plan and the way we can do that is through a beneficiary deed a beneficiary deed is similar to having a beneficiary named on a life insurance policy or on a retirement account by recording a beneficiary need you are stating who will receive your home after you pass away so if we have a home and say this is a home that is owned my husband and a wife and they record a beneficiary deed for that home when the first person passes away the first spouse then nothing happens the home will just be put into the name of the surviving spouse but when the second person passes away so in our scenario you know perhaps the hu

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