Deed Upon Death

$34.95

DO-IT-YOURSELF
DOCUMENT PREPARATION KIT

Categories: , Tag:

Description

Deed Upon Death

A Deed Upon Death, also known as a “Transfer Upon Death”, is a relatively new type of deed that allows one to designate another person as a beneficiary to receive the property upon his or her death without going through probate. The beneficiary of a Deed Upon Death receives no rights or interest in the real property during the life of the owner. After the owner’s death, the surviving beneficiary claims the property by recording an affidavit of death of grantor, along with an official copy of the owner’s death certificate.