It is an easy and inexpensive method of estate planning and can be used by anyone who owns property in the state of Arizona. Without a beneficiary deed in place, there can be a lot of problems when it comes to deciding who is entitled to the property. If you die without creating a beneficiary deed, your property will be passed on pursuant to your trust, will, or state laws of intestate succession. This deed eliminates the need for the expensive probate.
If you need more information or assistance with a Beneficiary Deed, please contact us and speak with an experienced Arizona Estate Planning attorney today.