Arkansas Letter to Department of Motor Vehicles Notifying Them of Death
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How to fill out Letter To Department Of Motor Vehicles Notifying Them Of Death?
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FAQ
An Arkansas beneficiary deed transfers real property to a designated beneficiary upon the current owner's death. Also known as a transfer on death deed, this document allows the beneficiary to forgo probate proceedings, which can be fairly costly and time-intensive.
Provide the required information: Fill out the affidavit by entering the deceased person's name, date of death, and a description of the property or assets involved in the inheritance. You may also need to include information about any debts or liabilities of the deceased.
Things that are not a part of the probate estate include property owned jointly by the spouses, beneficiary deeds, transfer upon death accounts, pensions, life insurance benefits, etc. In Arkansas, boats and other vehicles are not considered part of the property that passes through probate.
?Beneficiary? means one (1) individual who is designated to become the owner of a vehicle or watercraft upon the death of the current owner(s) as reflected on the vehicle certificate of title or watercraft registration certificate.
(b) If the owner or joint owners want to transfer a vehicle upon death by operation of law, the owner or joint owners may request that the Office of Motor Vehicle issue a certificate of title with beneficiary that includes a directive to the office to transfer the certificate of title upon the death of the owner or ...
A Transfer on Death (TOD) beneficiary is a simple way to transfer ownership of a vehicle after the titled owner has died. By naming a TOD beneficiary on your title application, you can avoid the need for the vehicle to go through probate upon your death.
