A Beneficiary Deed is sometimes called a transfer-on-death (TOD) deed and is allowed in 23 states, including Arizona. It can be used to transfer an owner’s Arizona property interest to another person upon the property owner’s death. Once you create a beneficiary deed, it needs to be recorded with the county recorder in the area where the property is located. Upon death, the death certificate of the deceased also has to be recorded with the same county recorder, and the transfer can then be completed.
If you need more information or assistance with a Beneficiary Deed, please contact us and speak with an experienced Arizona Estate Planning attorney today.