Get the free Transfer on Death Deed or TOD - Beneficiary Deed for Two Individuals to a Trust temp...
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This deed is used to transfer the ownership or title of a parcel of land, attaching any existing covenants, upon the death of the Grantor to the Grantee. It does not transfer any present ownership
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What is transfer on death deed
A transfer on death deed is a legal document that allows an individual to transfer ownership of real property to a beneficiary upon their death without going through probate.
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Transfer on death deed is needed by:
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Individuals wanting to bypass probate
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Property owners with specific beneficiaries in mind
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Those looking to simplify estate planning
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People wanting to retain control of property during their lifetime
How to fill out the transfer on death deed
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1.Open the PDF form of the Transfer on Death Deed.
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2.Begin by entering the names of the property owner(s) at the top of the document.
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3.Fill in the legal description of the property; this can usually be found on the property deed.
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4.Next, designate the beneficiary or beneficiaries who will receive the property upon your death by writing their full names.
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5.If there are multiple beneficiaries, indicate how the property will be divided among them.
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6.Include your signature and the date in the designated areas at the bottom of the document.
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7.Some jurisdictions may require a witness signature or notarization, so check local laws accordingly.
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8.Finally, ensure that the completed form is filed with the appropriate local recording office to be valid.
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