Chris Combs On Advantages to Beneficiary Deeds in Arizona

Real Estate Agent with Keller Williams Realty EV (AZ) & Keller Williams SLC (UT) 629265000 & 7238507

Chris Combs On Advantages to Beneficiary Deeds in Arizona

From the advice of one of our preferred Attorneys, Mr. Chris Combs of Combs, Gottlieb & MacQueen, P.C.:



Question: In a recent article you had the opportunity to notify readers of the availability and advantages of a beneficiary deed, but you blew it by only adding it as an afterthought. You were addressing property in California and Montana also, which may not have the beneficiary deed option. I urge you to submit a follow-up article on the advantages and costs of a beneficiary deed for owners of real property in Arizona.

Answer: Thank you for your comments. First, the advantages of a beneficiary deed are that real property can be transferred after death without probate, and a beneficiary deed can be revoked at any time prior to death, e.g., you can record a beneficiary deed of your home to your son, but if your son later gets into gangs and drugs, you can record a revocation deed. The only cost of a beneficiary deed, or a revocation deed, is the ounty recorder's fee. The Arizona beneficiary deed statutes even have sample forms for both a beneficiary deed and a revocation deed. A.R.S. §33-405(K and L). Second, a beneficiary deed (known in California as a "Transfer on Death Deed") recorded in California would transfer the rental home, California Probate Code §5642; and a beneficiary deed recorded in Montana would transfer the 160 acres of land in Montana, MCA 72-6-121.

Note: Read the full article here.
Is Your Home Worth More Than You Think?

Click here to view all of the Shanna Day Team Featured Listings



If you have any topics or questions you would like answered, contact The Shanna Day Dream Home Team - we’ll find the answers for you!

Shanna Day Dream Home Team

Keller Williams Realty East Valley


View ShannaDay Dream Team Profile




Chris Combs On Advantages to Beneficiary Deeds in Arizona

Posted by

Shanna Day Dream Home Team


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate General Information
Arizona Maricopa County
Out Of The Box!
POSITIVE ATTITUDE for the Weary Soul
ActiveRain Rockstars
Addicted to Active Rain
arizona real estate
chris combs
beneficiary deed
revocation deed
combs gottlieb macqueen

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Shanna Day Team Leader AZ & UT - Call 480-415-7616

Top .0033% of 40,000+ Realtors in our MLS
Ask Me a Question...
Spam prevention

Additional Information