Property Ownership
The Texas Transfer on Death Deed (TODD) allows a property owner to:
ATransfer property immediately upon signing
BDesignate a beneficiary to receive real property upon the owner's death without probate✓ Correct
CTransfer property to a trust automatically
DAvoid property taxes during their lifetime
Explanation
The Texas Transfer on Death Deed (TODD), authorized by Texas Estates Code Chapter 114, allows property owners to name a beneficiary who receives the property automatically upon the owner's death without probate, while the owner retains full control during their lifetime.
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