The Beneficiary Deed (and its Many Benefits)

A beneficiary deed is a property deed that keeps legal title in the current owner’s name (or owners’ names) but, upon the death of a property owner(s), immediately transfers title to predetermined beneficiaries (oftentimes a living trust).  This can be a very good thing – the home will not be subjected to the time-consuming, costly [...]

2017-04-18T11:03:03-07:00April 18th, 2017|Deeds|Comments Off on The Beneficiary Deed (and its Many Benefits)

Pocket Deeds are Risky

One way to avoid probate is to retitle real estate to make an heir a joint owner. However, that has risks that some people try to avoid by not registering the deeds until after the original owner passes away. These are known as "pocket deeds" and they carry their own risks. Joint ownership is one [...]

2016-02-24T10:10:00-07:00February 24th, 2016|Deeds|Comments Off on Pocket Deeds are Risky
Go to Top