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What is the difference between a title deed and a deed of sale?

Basically it is exactly the same document. Title Deed is just a more common name that is used. The legal documentation submitted when transferring a property is called a Deed of Transfer. We have had quite a few queries regarding this and had to explain that they are in essence the same documents.

Does Wyoming have a transfer on death deed?

Wyoming law allows a transfer-on-death deed to name alternate beneficiaries (referred to in the law as successor grantee beneficiaries) and state what must happen for them to receive the property.

What is a quit claim deed Wyoming?

A Wyoming quitclaim deed is a type of deed that transfers all of the signers rights and title in the property with no warranty of title. 2. The transferee (or grantee) receives whatever interest the transferor (or grantor) can legally convey.

How do you avoid probate in Wyoming?

Living trusts In Wyoming, you can make a living trust to avoid probate for virtually any asset you own -- real estate, bank accounts, vehicles, and so on. You need to create a trust document (its similar to a will), naming someone to take over as trustee after your death (called a successor trustee).

How much does an estate have to be worth to go to probate in Wyoming?

A probate will be necessary to transfer the decedents estate to the heir if the decedent owned assets there were: Located in Wyoming. Worth more than $200,000 (as of the writing of this article, not counting mortgages and other encumbrances) Held in the decedents sole name, rather than in a trust or joint tenancy.

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