Transferring property upon deathUsing a beneficiary deed can be a very useful tool for passing real estate to heirs.![]() ![]() How can you transfer title upon death of the property owner? One option for easily transferring title on property is to use a beneficiary deed. A beneficiary deed is a type of real property deed used to transfer property contigent upon death. By signing and recording a beneficiary deed, an owner of an interest in real property may cause the owner's interest in the real property to be conveyed to people or entities on the owner's death. How can you transfer title upon death of the property owner? One option for easily transferring title on property is to use a beneficiary deed. A beneficiary deed is a type of real property deed used to transfer property contigent upon death. By signing and recording a beneficiary deed, an owner of an interest in real property may cause the owner's interest in the real property to be conveyed to people or entities on the owner's death. The interest in real property conveyed by a beneficiary deed does not take effect until the death of the owner, at which time that interest transfers automatically by law to the designated grantee(s) named in the beneficiary deed. A probate is not needed for a beneficiary deed as ownership is transferred upon death and no longer part of the decedent's estate that might go through probate or pass under a will. The interest in real property conveyed by a beneficiary deed does not take effect until the death of the owner, at which time that interest transfers automatically by law to the designated grantee(s) named in the beneficiary deed. A probate is not needed for a beneficiary deed as ownership is transferred upon death and no longer part of the decedent's estate that might go through probate or pass under a will. Order a beneficiary deed today and protect your real estate investment by clicking the link below. ![]() Order a beneficiary deed today and protect your real estate investment by clicking the link below. ![]()
A beneficiary deed is one good option for transferring real property title upon death.
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