Transfer On Death For Stocks

State:
Wisconsin
Control #:
WI-019-77
Format:
Word; 
Rich Text
Instant download

Description Transfer Death

Transfer on Death Deed - Wisconsin - Individual to Individual: This deed is used to transfer the ownership or title of a parcel of land, attaching any existing covenants, upon the death of the Grantor to the Grantee. It does not transfer any present ownership interest in the property and is revocable at any time. Therefore, it is commonly used to avoid probate upon death. The designation of a transfer on death beneficiary may be canceled or changed at any time by the sole owner or all then surviving owners, without the consent of the beneficiary, by executing and recording another deed that designates a different beneficiary or no beneficiary. The recording of a deed that designates a transfer on death beneficiary or no beneficiary revokes any designation made in a previously recorded deed relating to the same property interest.

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Wisconsin Transfer On Death Deed