California: Do I Need a Transfer-on-Death Deed or Payable-on-Death Designation if My Will Leaves Everything to My Daughter? | California Probate | FastCounsel
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California: Do I Need a Transfer-on-Death Deed or Payable-on-Death Designation if My Will Leaves Everything to My Daughter?

Detailed Answer — How wills, transfer-on-death deeds, and payable-on-death designations interact in California

This is not legal advice. This article explains how different estate tools work in California so you can decide whether you need a revocable transfer-on-death (TOD) deed or a payable-on-death (POD) designation in addition to a will. For legal decisions, consult a licensed California attorney.

Short answer: Yes — in many cases you still need a TOD deed or POD designation if you want certain assets to bypass probate and transfer directly to your daughter. A will controls only property that goes through probate. Many assets pass outside probate by operation of title, beneficiary designation, or law. If you rely only on a will, assets that already have nonprobate transfer mechanisms (or that lack an appropriate one) may not pass the way you expect or may have to go through probate.

Why a will alone may not accomplish your goals

A will governs how a person’s probate estate is distributed after death. California probate law controls how the court administers probate estate assets. If an asset has a valid nonprobate transfer method (for example, a TOD deed on real property, POD beneficiary on a bank account, joint tenancy, or a retirement account beneficiary), that asset usually transfers outside probate to the named transferee or co-owner, regardless of what the will says. See the California Probate Code for how probate and nonprobate transfers are treated: Prob. Code §5301 and related provisions.

Revocable transfer-on-death (TOD) deed for real property

California allows a revocable transfer-on-death deed for real property. A properly executed TOD deed names a beneficiary who becomes the owner automatically when the grantor dies. A TOD deed can avoid probate for that parcel. See the California Probate Code provisions that govern transfer-on-death deeds: Prob. Code §5600 et seq.

Key points about TOD deeds:

  • If you record a valid TOD deed naming your daughter, the property transfers to her outside probate when you die.
  • If you do NOT record a TOD deed and only leave the property to your daughter in your will, the property may have to go through probate for the court to transfer title under the will.
  • A TOD deed revocable at any time by the owner while alive; it does not create a present interest for the beneficiary and usually offers fewer creditor protections than some trusts.

Payable-on-death (POD) designations and bank/financial accounts

Most deposit accounts, brokerage accounts, and some other financial accounts allow you to name a payable-on-death or transfer-on-death beneficiary. A valid beneficiary designation typically overrides distribution by your will for that account and lets the account pass directly to the named person without probate.

Key points:

  • If a bank account has a valid POD designation naming your daughter, the account will pass to her outside probate despite what the will says.
  • If the account has no beneficiary (or the beneficiary is invalid or predeceased you), the account becomes part of your probate estate and the will controls distribution.
  • Retirement accounts and life insurance use beneficiary designations and are governed by federal and state rules; those designations usually control over a will.

Which document controls if there is a conflict?

Nonprobate designations (TOD deeds, POD beneficiaries, beneficiary designations on retirement or insurance contracts, joint tenancy, community property with right of survivorship) generally control over a will because they operate outside probate. For example:

  • If you recorded a TOD deed naming someone other than your daughter, that recorded deed governs transfer of the real property, even if your will leaves the property to your daughter.
  • If a bank account names a POD beneficiary other than your daughter, the funds will go to the POD designee, not to your daughter under the will.

Because nonprobate transfers often trump a will, it’s important to make sure titles and beneficiary designations match your estate plan.

Hypothetical scenarios (to illustrate common outcomes)

1) You own a house in your sole name and your will leaves “all property to my daughter.” You never recorded a TOD deed. Outcome: the house is probably part of the probate estate and must pass through probate to transfer title to your daughter.

2) Same facts, but before death you record a valid TOD deed naming your daughter. Outcome: the house passes to your daughter outside probate at your death.

3) You have a bank account with no POD designation and your will leaves everything to your daughter. Outcome: the account likely goes through probate and is distributed under the will.

4) You have a bank account that names your sister as POD beneficiary, but your will leaves everything to your daughter. Outcome: the account will pass to your sister by POD designation; the will will not change that result.

Advantages and limits of using TOD/POD instead of relying only on a will

Advantages

  • Avoids probate for named assets—faster, less public, often less costly.
  • Simple to create for accounts (POD) and for real property (TOD deed).

Limits and risks

  • Nonprobate transfers usually do not handle contingencies well (for example, what if your daughter dies first or you want staged distributions).
  • They offer little or no protection from creditors after death.
  • They do not appoint guardians for minor children or provide instructions for complex distribution rules (useful roles for wills or trusts).
  • Title errors, incorrectly completed forms, or changes in circumstances can produce unintended results.

Practical next steps

  1. Inventory your assets and note title forms and beneficiary designations (real property title, bank accounts, brokerage accounts, retirement accounts, life insurance).
  2. Decide which assets you want to avoid probate for and name beneficiaries or record TOD deeds where appropriate.
  3. Double-check that beneficiary names and account registrations exactly match the intended recipient’s legal name and that forms are completed according to the institution’s rules.
  4. Coordinate your will with nonprobate designations — make sure they reflect your current wishes.
  5. Consider a revocable living trust if you want broader control of multiple assets, staged distributions, incapacity planning, or greater creditor/estate planning flexibility.
  6. Keep copies of important documents and review beneficiary designations periodically (after major life events such as marriage, divorce, births, or deaths).

When to consult a California attorney

Contact a California estate planning attorney if you have any of these issues:

  • Complex or high-value estate or multiple properties in different counties or states.
  • Minor children, blended family issues, or special needs beneficiaries.
  • Potential disputes among heirs, or concerns about creditor claims.
  • Unclear or inconsistent beneficiary designations or title documents.

An attorney can review how your will and any TOD/POD designations interact and suggest changes to ensure your daughter inherits as you intend.

References and further reading

Helpful Hints

  • Don’t assume a will changes a properly titled nonprobate asset — beneficiary designations and recorded TOD deeds usually win.
  • Small-value accounts sometimes can be collected with a small estate affidavit or by using summary probate procedures; ask an attorney about streamlined options.
  • Recording a TOD deed for real property requires correct form and timely recording; check county recording rules.
  • Keep beneficiary designations up to date — life events often mean you should review them.
  • Use consistent, full legal names for beneficiaries and verify account-specific rules with your bank or institution.
  • If you want privacy, speed, or staged distributions, consider a trust instead of only using POD/TOD devices.

The information on this site is for general informational purposes only, may be outdated, and is not legal advice; do not rely on it without consulting your own attorney.