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

Please fill out the form below, and we will start your process ASAP. If you are unsure of any information, please input N/A or email us at deeds@TitleResourcesInc.com, and we will provide guidance on your unique situation.

Beneficiary Deed

First Name

Last Name

Phone/Mobile

Property Address

Street Address

Address Line 2

City

State

Zip Code

Country

Name(s) of Beneficiary to receive the property

What Percentage is each person to receive

Address of one beneficiary to have documents mailed to

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.
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.
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.
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.
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.

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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.

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