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Mo Deed Beneficiary Form

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hi I'm Wes Colson and this is your elder law minute one question people sometimes have is is there a way to leave real estate to family members without needing to have a will or a living trust in Missouri that option has been available for a long time through something called the beneficiary deep in Illinois it hasn't been until the beginning of this year and now Illinois has something new that's sort of the equivalent of a beneficiary deed call the transfer on death instrument they can be a good idea in some situations but you need to be aware of an important limitation neither one of them is going to protect your home from Medicaid estate recovery if you end up in a nursing home there are ways that we can accomplish that but they are something different from this so good news bad news on on beneficiary deeds and transfer on death instruments thanks bye

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