Beneficiary Deed

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What is a Beneficiary Deed?

A beneficiary deed, also known as a transfer-on-death deed (TOD deed), is a legal document used for transferring real property to a designated beneficiary upon the property owner's death without the need for probate. You might consider getting a beneficiary deed in the scenarios listed below the form.

Beneficiary Deed: $250

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Beneficiary Deed
  1. Estate Planning: A beneficiary deed can be part of your estate planning strategy. If you want to ensure that a specific person or entity inherits your property without going through the probate process, you can name them as the beneficiary on the deed.
  2. Avoiding Probate: Probate is a court-supervised process that can be time-consuming and costly. By using a beneficiary deed, you can bypass the probate process for the property subject to the deed, allowing for a quicker and less expensive transfer of ownership to the designated beneficiary.
  3. Single Property Owner: If you are the sole owner of a property and want to make it easier for your heirs to inherit the property when you pass away, a beneficiary deed can be a useful tool.
  4. Avoiding Disputes: Clearly designating a beneficiary on a beneficiary deed can help prevent disputes among potential heirs or beneficiaries regarding the property’s ownership after your death.
  5. Real Estate Investment: If you own investment properties and want to ensure a smooth transfer of those properties to specific beneficiaries, you can use beneficiary deeds for each property to simplify the inheritance process.

It’s important to note that the rules and requirements for beneficiary deeds can vary by state, as not all states allow them or have specific statutory requirements for their use. Therefore, if you are considering using a beneficiary deed, it’s crucial to consult with an attorney experienced in estate planning and real estate law to ensure that it is a valid and effective option in your jurisdiction. Additionally, you should keep the beneficiary designation up-to-date to reflect any changes in your estate planning or beneficiaries’ circumstances.

Smooth and Stress-Free Closings

Title Resources Inc. guides you through every step of the home buying or selling process with our comprehensive title services. Our experienced professionals provide personalized service tailored to your unique needs, making us the perfect destination for first-time homebuyers or seasoned real estate investors. Rest assured that you're in good hands with our team of experts. We offer both residential and commercial title services in Colorado, Florida, Illinois and Missouri, and with over 40 years of trusted experience, you can rest assured that you're in good hands. Our team of experts is committed to making the closing process as smooth and stress-free as possible.

Title Resources, Inc in St. Louis, MO Residential and Commercial Title

Title Resources Inc.

Don’t take our word for it.

Title Resources Inc. is consistent in customer service from receipt of the title order through closing and post-closing should questions arise. Altogether, our skilled title professionals show efficiency with their quick turn-a-round time and adept handling of all title issues. Not to mention, each member of our experienced staff takes pride in their work and is motivated to assist our customers in any way possible.

Why choose Title Resources Inc.?

Title Resources, Inc in St. Louis, MO Residential and Commercial Title

We’re fast.

For one thing, our team can issue title commitments in as little as 48 hours!

Title Resources, Inc in St. Louis, MO Residential and Commercial Title

We’re experienced.

Overall, we're motivated to assist our customers in any way possible and take pride in our expertise.

Title Resources, Inc in St. Louis, MO Residential and Commercial Title

We’re convenient.

We provide mobile closings in your office, our office, or the customer’s home. Above all, orders are easy to submit!