Transfer on Death Deed Form - Illinois

An Illinois Transfer on Death Deed is a legally binding document you can complete if you know who to name the heir of your property and think you should avoid the probate process to allow the beneficiary to take control of your property immediately after your passing. A Beneficiary Deed like this offers multiple advantages to the grantee who can retain their residence after the owner dies and maintain the rights acquired in the joint ownership. Section 755 of the Illinois Compiled Statutes lists provisions to follow to make a deed enforceable: convey the title in the presence of a public officer and submit the deed to the recorder of the local county if real estate is transferred.

Related Forms and Topics:

• Illinois Gift Deed;
• Illinois Warranty Deed;
• Illinois Special Warranty Deed.