The Illinois transfer on death instrument allows an owner of residential real property to designate one or more beneficiaries who will receive interest in the property on the owner's death, bypassing probate.

Will County Illinois Transfer on death instrument?

In 2012, Illinois became one of sixteen states which allow the owner of residential real estate with no more than four residential units to avoid probate at death by use of a pre-recorded instrument known as a Transfer on Death Instrument (TODI).

Does Illinois allow Transfer on death deed?

The Illinois TOD deed form form allows property to be automatically transferred to a new owner when the current owner dies, without the need to go through probate. It also gives the current owner retained control over the property, including the right to change his or her mind about the transfer.