To establish a beneficiary deed in Arizona, the deed must: Grant the real estate property to a beneficiary designated by the owner of said property. Be recorded in the office of the county where the property is located. Be recorded in the county office before the property owner's death.
Cons To Using Beneficiary Deed Property transferred may be taxed. No asset protection. The beneficiary receives the property without protection from creditors, divorces, and lawsuits. Medicaid eligibility.
You must sign the deed and get your signature notarized, and then record (file) the deed with the recorder's office before your death. Otherwise, it won't be valid. You can make an Arizona beneficiary deed with WillMaker.
Unless you have a complex situation or have specific concerns, you likely won't need a lawyer to create a TOD deed. But you will need to make sure that the TOD deed you make is valid in your state, since each state's rules are a little different.
You can record a document in-person, by mail, or electronically. Your document must be an ORIGINAL or government-issued CERTIFIED copy to be accepted for recording.
All deeds must be filed with the County Recorder's Office. Affidavit of Property Value – Required for every deed or transfer of ownership (except for property that is transferred through quitclaim for no monetary exchange or for a nominal amount.