Transfer on Death
A designation that passes an asset directly to a named person at death, skipping probate.
What Transfer on Death means in an estate
A transfer-on-death (TOD) designation names who receives an asset, such as an investment account or, in some states, a vehicle or real estate, when the owner dies. The owner keeps control while alive and the beneficiary gets nothing until death, at which point the asset passes outside probate. Which assets can use a TOD designation, especially real estate, varies by state.
How this works in your state
The concept is national, but the forms, procedure names, thresholds, and filing practice vary by state. Open your state glossary and guides to see how transfer on death is handled where the estate is being settled.
Related terms
Full probate glossary
Browse every probate and estate settlement term.
Probate assessment
Not sure what applies to your situation? Answer a few questions to find your path.
Information current as of April 4, 2026
Settled Estate is not a law firm, and this content is for informational purposes only and does not constitute legal advice. Probate laws and procedures in your state can change. Consult with a qualified attorney for advice specific to your situation. Full disclaimer.