Using beneficiary deeds as a substitute for a will or a trust is not efficient although it may seem so when you do it.
With one or two beneficiaries, such a deed might be a good way to pass property. Maybe.
With multiple beneficiaries, there is a strong possibility of conflicts between ownerships and what to do with the property. The fact that there is an infant involved creates a bigger potential problem. Whatever money you believe you are saving by using a beneficiary deeds may be lost upon your death.
My recommendation is that you contact an estate planning attorney an have a proper estate plan created, whether it is will based or trust based. An attorney can explain the benefits of each.
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