Ar Deed Beneficiary Without Ssn

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

Description

The Arkansas Beneficiary or Transfer on Death Deed is a legal form used to convey property from one individual to two others, allowing the property to pass directly to the grantees upon the death of the grantor, without the need for probate. This form is especially useful for individuals without a Social Security Number, ensuring that property can still be transferred upon death without complex legal complications. Key features include options for how property is held—either as Tenants in Common, Joint Tenants with Right of Survivorship, or Tenants by the Entirety for married couples. Users must fill out details such as the names of the grantor and grantees, legal descriptions of the property, and indicate how the property is held. To fill the form, users can either use computer-generated form fields or handwrite information as needed. Legal professionals like attorneys, associates, and paralegals may find this form vital for estate planning, providing a clear path for asset distribution, especially among clients who may not have traditional identification such as a Social Security Number. It is essential to record the deed before the death of the grantor for it to be effective, hence the emphasis on timely completion and filing.
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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

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

A beneficiary deed (also called a transfer on death or TOD deed) is like a regular deed you might use to transfer your Arkansas real estate, but with a crucial difference: It doesn't take effect until your death.

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.

To get title to the property after your death, the beneficiary must take a few administrative steps. The beneficiary can call the county clerk, circuit clerk, or recorder's office for details, but the process will likely require recording a certified copy of the death certificate. No probate is necessary.

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.

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Ar Deed Beneficiary Without Ssn