10/22/2026
Here is some good news for MD homeowners.
A Transfer on Death Deed of Trust is available in MD as of October 1, 2026! Here is some basic information from the article linked below:
"A TODD allows a homeowner to name a beneficiary who will inherit the property upon the owner’s death. In some respects, it’s comparable to naming a beneficiary on a bank account or life insurance policy.
The deed is executed and recorded during the homeowner’s lifetime, but the beneficiary has no ownership rights until the homeowner’s death. This is an important distinction from some traditional probate-avoidance strategies.
A TODD may designate one individual, multiple or joint beneficiaries, or, depending on circumstances, a trust."
Commentary: Before using a TODD, homeowners should understand how it works, what it does – and does not – accomplish, and how it fits within a broader estate plan.