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Do I need a lawyer for a tod deed?

If youre thinking about ways to keep your home out of probate, and TOD deeds are an available option in your state, they are well worth considering. Unless you have a complex situation or have specific concerns, you likely wont need a lawyer to create a TOD deed.

Where can I get a beneficiary deed in Colorado?

A beneficiary deed must be recorded in the county recorders office where the property is located. For the document to be valid, it must be recorded prior to the property owners death ( 15-15-404). Fees: Recording fees vary by county.

How do you transfer a deed on death in Colorado?

And while the process may vary slightly from state to state, there are some general, basic steps to follow. Get Your State-Specific Deed Form. Look up the requirements for the state the property is in. Decide on Your Beneficiary. Include a Description of the Property. Sign the New Deed. Record the Deed.

What are the disadvantages of a beneficiary deed?

A TOD deed is different than a last willit may also be called a beneficiary deed, revocable transfer on death deed, Lady Bird deed, and transfer on death instrument, depending on the state.

Where can I get a beneficiary deed?

You can obtain one from an online search for Beneficiary Deed or Transfer on Death Deed or often from the same Recorders Office that holds copies of the deeds. Ensure that you find one for the state where the property is located.

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