Revocation Of Beneficiary Deed Arizona Form For Probate

State:
Arizona
Control #:
AZ-019-78
Format:
Word; 
Rich Text
Instant download

Description

Revocation of Transfer on Death Deed - Arizona - Individual to Individual: This form is a revocation of a transfer on death or beneficiary deed. It must be executed and recorded as provided by law in the office of the county recorder of the county in which the real property is located before the death of the owner who executes the revocation. A properly executed, acknowledged, and recorded beneficiary deed may not be revoked by the provisions of a will.

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  • Preview Revocation of Transfer on Death Deed or TOD - Beneficiary Deed for Individual to Individual
  • Preview Revocation of Transfer on Death Deed or TOD - Beneficiary Deed for Individual to Individual

How to fill out Arizona Revocation Of Transfer On Death Deed Or TOD - Beneficiary Deed For Individual To Individual?

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FAQ

The benefits of a Beneficiary Deed include: Probate avoidance. Arizona real property transferred by an Arizona Beneficiary Deed avoids the cost (anywhere from $5,000 to $8,000) and delay of an uncontested probate. This is because the property is not part of the deceased person's probate estate.

A beneficiary deed is easily revoked by the owner, or if there is more than one owner by any of the owners who executed the beneficiary deed, by executing and recording the revocation as provided by law in the office of the county recorder in the county in which the property is located.

A "Revocation of a Beneficiary Deed" is a document that revokes and cancels a beneficiary deed that is filed. This will void any distributions that are made on the beneficiary deed. A property owner may revoke the beneficiary deed anytime before his/her death.

Property owners in Arizona may revoke a beneficiary deed in one of two ways: Complete a revocation form (A.R.S. § 33-405(L)). This document must be notarized and recorded at the local county recorder's office before the property owner's death. Complete and record a new beneficiary deed for the same property.

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Revocation Of Beneficiary Deed Arizona Form For Probate