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Transfer on Death Deed or TOD - Beneficiary Deed for Husband and Wife to Two Individuals with Successor Beneficiaries. - Arizona 2025

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The document is a template for a Beneficiary Deed in Arizona, designed for use by a husband and wife to convey property to two individuals as tenants in common upon their death. It includes instructions for completing the form, a disclaimer regarding the legal effect of the forms, and sections detailing the conditions under which the conveyance will be affected by the death of the grantees. The document emphasizes that it is provided without warranty and advises consulting an attorney for serious legal issues.

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How to use or fill out Transfer on Death Deed or TOD - Beneficiary Deed for Husband and Wife to Two Individuals with Successor Beneficiaries - Arizona

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Click ‘Get Form’ to open it in the editor.
Begin by entering the names of the Grantors (Husband and Wife) in the designated fields. Ensure that both names are clearly printed.
Next, specify the Grantee Beneficiaries' names. You will need to enter two individuals' names who will inherit the property.
Fill in the legal description of the property being conveyed. This is crucial for identifying the specific land involved.
Choose how you want to handle situations where a Grantee Beneficiary predeceases you by selecting one of the options provided in Section 1.
Repeat a similar process for Successor Beneficiaries in Section 2, ensuring clarity on what happens if they also predecease you.
Finally, both Grantors must sign and date the document in front of a Notary Public, who will also complete their section.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the best way to transfer property after death?

Generally, the most efficient way for the transfer to happen is at death via a trust. The deed is titled within your family trust or transfer on death deed. The trust transfers the assets to the children at passing. Skips probate.

Which is better, tod or beneficiary after death?

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.

What is the disadvantage of a tod deed?

In Arizona, real estate can be transferred via a Beneficiary Deed, more commonly known as a TOD deed. This deed allows a property owner to designate a beneficiary who will automatically inherit the property upon the owners death, avoiding probate.

What are the disadvantages of transfer on death deed?

Once recorded, the TOD deed cannot be changed or revoked easily. You lose flexibility should your circumstances or wishes change in the future. And if you need to sell or mortgage the property, your designated beneficiary must agree by signing off, even though they have no current ownership rights.

Can you have two beneficiaries on a tod?

The assets are then transferred to the beneficiary, usually by establishing a new account in the beneficiarys name. A TOD account can have multiple beneficiaries, as long as the account owner establishes how the assets will be divided, said Damaryan.

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How do you transfer on death deed to two beneficiaries?

You want to be sure to use the beneficiarys legal name rather than categories or relationships, such as my children. For example, if you are naming your two daughters as your beneficiaries, you should use Jane Doe and Julie Smith instead of my daughters. If you name more than one beneficiary, you should indicate