Property Ownership
A Virginia property owner wants to leave their home to their children but doesn't want it to go through probate. They could use a:
AGeneral warranty deed
BRevocable living trust or a transfer-on-death deed (where available)✓ Correct
CQuitclaim deed to themselves
DLis pendens
Explanation
A revocable living trust holds title to the property and allows it to pass to beneficiaries without probate. Virginia also enacted legislation allowing transfer-on-death (TOD) deeds to bypass probate for real property.
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