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hi Iamp;#39;m Amy Steele with desert financial and Iamp;#39;m here with John from our wills and trust team today weamp;#39;re going to talk about beneficiary Deeds can you tell me what that is um sure Amy well for most people their home is their primary asset not only does it have Financial Equity but for many people it also carries a lot of sentimental value as well and in Arizona real estate is subject to probate unless you take specific actions a beneficiary deed is one of the steps you can take great and how do they work exactly me well while someone is alive the beneficiary deed allows them to retain ownership and then they can name adult beneficiaries for when they pass and then once a death certificate is recorded with the county then the assessor would change ownership for the property to the named beneficiaries interesting are there any downsides to having a beneficiary team oh yeah there certainly can be first you cannot transfer a property to a minor so if your ch
