Ar Deed Beneficiary Without Social Security Number

State:
Arkansas
Control #:
AR-028-77
Format:
Word; 
PDF; 
Rich Text
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Description

The Arkansas Beneficiary or Transfer on Death Deed allows an individual to designate two beneficiaries to inherit real property upon their death, without the need for probate. This form is specifically designed for use in Arkansas and does not require a social security number for the beneficiaries, making it accessible and less intrusive. User-friendly features include form fields that can be filled digitally or printed for manual completion. The deed outlines how the property will be held between grantees, with options for Tenants in Common, Joint Tenants with Right of Survivorship, or Tenants by the Entirety for married couples. Clear instructions are provided on completing the form, including how to indicate the desired ownership structure. It is crucial to record this deed before the death of the grantor for it to be effective. This form is particularly useful for attorneys, paralegals, and legal assistants who handle estate planning and property transfers, ensuring clients can efficiently transfer assets and minimize legal complications. Additionally, it offers a straightforward way for individuals to manage property disposition without extensive legal guidance.
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  • Preview Transfer on Death Deed or TOD - Beneficiary Deed for One Individual to Two Individuals
  • Preview Transfer on Death Deed or TOD - Beneficiary Deed for One Individual to Two Individuals
  • Preview Transfer on Death Deed or TOD - Beneficiary Deed for One Individual to Two Individuals
  • Preview Transfer on Death Deed or TOD - Beneficiary Deed for One Individual to Two Individuals
  • Preview Transfer on Death Deed or TOD - Beneficiary Deed for One Individual to Two Individuals
  • Preview Transfer on Death Deed or TOD - Beneficiary Deed for One Individual to Two Individuals
  • Preview Transfer on Death Deed or TOD - Beneficiary Deed for One Individual to Two Individuals

How to fill out Arkansas Transfer On Death Deed Or TOD - Beneficiary Deed For One Individual To Two Individuals?

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FAQ

In Arkansas, real estate can be transferred via a TOD deed, otherwise known as a beneficiary deed. This deed allows a property owner to designate a beneficiary who will automatically inherit the property upon the owner's death, avoiding probate.

Spouse, partner, children, parents, brothers and sisters, business partner, key employee, trust and charitable organization.

Arkansas Beneficiary (Transfer-on-Death) Deed Code Ann. section 18-12-608.) You must sign the deed and get your signature notarized, and then record (file) the deed with the county recorder's office before your death. Otherwise, it won't be valid.

Most beneficiary designations will require you to provide a person's full legal name and their relationship to you (spouse, child, mother, etc.). Some beneficiary designations also include information like mailing address, email, phone number, date of birth and Social Security number.

What if I don't have the social security number for my beneficiary? Many insurance companies do not require a beneficiary's SSN on the application however, they will require the beneficiary's SSN, DOB, and address when it comes to paying a death benefit.

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Ar Deed Beneficiary Without Social Security Number