Beneficiary Deed

Description

A properly drafted, signed, notarized and recorded Beneficiary Deed can cause the ownership of Arizona real property to transfer automatically on the death of the last owner to the person, people or entities named in the Beneficiary Deed.  The Arizona Beneficiary Deed is a way to avoid probate without the extra expense of creating a revocable living trust. For more about the Arizona Beneficiary Deed see Arizona real estate attorney Richard Keyt‘s articles called “Arizona Beneficiary Deeds” and “The Do It Yourself Arizona Beneficiary Deed Form.”

People who would rather prepare their own Arizona Beneficiary Deed rather than pay an Arizona real estate and estate planning lawyer like Richard Keyt $195 to prepare it, should purchase our Do-It-Yourself Arizona Beneficiary Deed form.  Immediately after purchasing your DIY Beneficiary Deed you will be able to download 8 documents, including Microsoft Word 2007 files of the three different Beneficiary Deeds that you may edit.  The Beneficiary Deed is a form Richard Keyt developed specifically for Arizona real property.  It complies with Arizona law.

Name Contingent Beneficiaries

Our Beneficiary Deed form allows you to name contingent beneficiaries in case a primary beneficiary dies.  For example, you might want to leave your Arizona real property to your children, but if one child is deceased, you want the share that would have gone to the deceased child to go to the deceased child’s children.  Another option would be to have the share go equally to the other living children instead of the grandchildren.

What You Get for $47

Each Beneficiary Deed comes with detailed instructions on how to edit your form using Microsoft Word so it works for you.  See the sample Instructions for the Beneficiary Deed for a Married Couple that Owns the Property Jointly, which illustrates the help we give you to edit and complete your deed form.  For a mere $47 I will email the following 8 documents to you immediately after you purchase the Beneficiary Deed and related documents in our secure online web store.  Here’s what you get:

1.  Three separate Arizona Beneficiary Deed forms in editable Microsoft Word 2003 format:

A. For a single person

B. For a married couple who own the property jointly

C. For a married person who owns the property as separate property. This deed contains a Spousal Disclaimer by which the non-owner spouse disclaims any ownership of the property. Caution: Without a Spousal Disclaimer, the non-owner spouse might claim a community property interest in the real property.

2.  Three sample fully completed Beneficiary Deeds in Adobe pdf format. These sample deeds illustrate what each of type of deed looks like when properly edited. The samples illustrate deeds for:

A. a single person

B. a married couple who own the property jointly

C. a married person who owns the property as separate property.

3.  Letter to the County Recorder to Record the Deed (Word 2007 format). Contains the addresses of all Arizona County Recorders. Edit the letter by deleting addresses except that of your county recorder.

4.  Arizona Recording Requirements – a detailed explanation about Arizona deeds, how to record a deed and Arizona law applicable to requirements for recording documents with county recorders.

See Arizona estate planning attorney Richard Keyt’s education, background and experience. For more information about Arizona Wills, Trusts and estate planning, see Richard Keyt’s website called Arizona Wills & Trusts. 

Note: You must be a resident of Arizona to purchase this document or any other estate planning documents sold by KEYTLaw because the documents are drafted to comply only with Arizona law. Richard Keyt is licensed to practice law only in Arizona. Do not use this document or any other document purchased from Richard Keyt or KEYTLaw, LLC, in any state other than Arizona.