We've been going through an estate planning initiative to minimize what has to go through probate if DW and I die simultaneously.
In addition to TOD deeds, 5 states have enhanced life estate deeds (aka Lady Bird deeds) which are substantively the same as TOD. Florida, Michigan, Texas, Vermont, and West Virginia.
Luckily, our two homes are in Florida and Vermont. Initially, I planned to establish a joint revocable living trust and change the deeds to have the properties owned by the joint trust. However, after finding out that our states allow Lady Bird deeds, I decided that was a better route. We'll sign the Lady Bird deed for our Florida home next week and do a Lady Bird on our Vermont home this summer.
I did find one use for the joint trust... to buy more ibonds... so creating it wasn't totally wasted effort... it only cost me $10 to have our signatures notarized anyway.