Beneficiary Deed

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Beneficiary Deed Powered By Docstoc
					A Beneficiary Deed is a type of deed that allows a person to transfer real property
(home(s) or land) to a person or entity. The transfer becomes valid upon the death of
the Benefactor, and automatically transfers, by law, to the designated person(s) or entity
named in the beneficiary deed. The form is most helpful for a benefactor who wants the
real property named in the deed to be transferred upon their death rather than go
through probate or pass under a will.
                    BENEFICIARY DEED: REAL PROPERTY
I/We ______________________________[NAME(S) OF PERSON OR PEOPLE WHO IS
GIVING THE GRANT], as Grantor, hereby designate __________________________[NAME
OF PERSON WHO IS RECEIVING THE GRANT] of
______________________________________ [ADDRESS OF RECIPIENT] as the Grantee
Beneficiary and I/We hereby transfer and convey to the said Grantee Beneficiary effective on
my/our death the following described real property:

Property Address: ________________________________________________________

Legal Description: ___________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
_

If the Grantee Beneficiary predeceases the Grantor, the conveyance made hereunder to the
Grantee Beneficiary shall either (choose one):

[ ] Become null and void.

[ ] Become part of the estate of the Grantee Beneficiary


Dated: _______________, 201___


Name(s) of Grantor(s): _____________________________________________________

Signature(s) of Grantor(s): __________________________________________________

---------------------------------------------------------------------------------------------------------------

STATE OF _________________________

COUNTY OF _________________________

On this __________ day of ________________ 20______, before me, a Notary Public in and for
the above state and county, personally appeared before me, _________________________,
known to me or proved to be the person named in and who executed the within instrument, and
acknowledged that he/she signed the same as his/her voluntary act and deed, for the uses and
purposes                                 therein                                  mentioned.

Witness my hand and official seal hereto affixed on this day of _______________, 20__.




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Notary's Public Signature: ______________________

My                    commission               expires   _______________.




© Copyright 2011 Docstoc Inc.                                  3

				
DOCUMENT INFO
Description: A Beneficiary Deed is a type of deed that allows a person to transfer real property (home(s) or land) to a person or entity. The transfer becomes valid upon the death of the Benefactor, and automatically transfers, by law, to the designated person(s) or entity named in the beneficiary deed. The form is most helpful for a benefactor who wants the real property named in the deed to be transferred upon their death rather than go through probate or pass under a will.
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