Transfer on Death Deed or TOD - Beneficiary Deed for Husband and Wife to Four Individuals - Arizona 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the names of the Grantors (husband and wife) in the designated fields. Ensure that both names are clearly printed.
  3. Next, fill in the Grantee Beneficiaries' information. You will need to provide the names and addresses of all four individuals who will receive the property.
  4. In the section regarding property details, specify the legal description of the property being transferred. This may require referencing an attached Exhibit A.
  5. Choose how you want to handle situations where a Grantee Beneficiary predeceases you by selecting option 'a' or 'b'.
  6. Finally, both Grantors must sign and date the document. Ensure that you have a notary public acknowledge your signatures as required.

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A TOD deed will look much like any other property deed, but it will contain specific language that makes it clear that the deed does not take effect until after your (the owners) death. Your beneficiary can be one or more people or organizations, such as a business or a charity.
You can register up to 5 devices on your account unless you are a TOD Mobile subscriber; then you can register one device only. Concurrent streams depend on your subscription: TOD 4K: Two simultaneous streams on any supported device. TOD: One simultaneous stream on any supported device.
A Beneficiary Deed is sometimes called a transfer-on-death (TOD) deed and is allowed in 31 states, including Arizona. It can be used to transfer an owners Arizona property interest to another person upon the property owners death.
TOD Deeds Open the Door to Unintended Consequences Without careful coordination, TOD deeds can also disinherit heirs you intended to provide for, result in unnecessary taxes, complicate matters for a surviving spouse, or cause other negative ripple effects. Once recorded, the deed is very difficult to undo.
Its important to understand that if you name more than one beneficiary on a TOD account, all of the beneficiaries become co-owners of the account as tenants in common when you die. Because they all now own the account assets together, they all have to agree on decisions regarding those assets.

People also ask

This is also called a transfer-on-death deed, and may be completed without an attorney, if desired. Naming a transfer-on-death beneficiary allows you to choose someone to inherit your home, may offer tax benefits, and bypasses probate.
The key advantage of TOD is the avoidance of probate, which can be time-consuming and costly. Beneficiary Designations: These are typically used for life insurance policies, retirement accounts (like IRAs and 401(k)s), and annuities.

free printable beneficiary deed form arizona