Alaska Beneficiary Deed

Category:

Real Estate - Deeds - Transfer on Death

State:

Multi-State

Control #:

US-03279BG

Format:

Instant download

Description

A beneficiary deed is a another type of real property deed used to transfer property. By signing and recording a beneficiary deed, an owner of an interest in real property may cause the owner's interest in the real property to be conveyed to people or entities upon the owner's death. The interest in real property conveyed by a beneficiary deed does not take effect until the death of the owner, at which time that interest transfers automatically by law to the designated grantee named in the beneficiary deed.

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

If you want to avoid probate, you will also need to transfer ownership of all of your property to the revocable trust or name the revocable trust as a beneficiary of your property.

In Alaska, real estate can be transferred via a TOD deed, otherwise known as a beneficiary deed. This deed permits a property owner to designate a beneficiary who will automatically inherit the property upon the owner's death, avoiding probate.

Ownership Changes Recording a deed is best handled through a Title Company. For those doing their own deeds, deed templates are often available online or at office supply stores. The deed must have the names and addresses of both the current ownership and the new ownership, and the legal description of the property.

Alaska quit claim deeds must be submitted to the recording district that is local to the property. They must also be accompanied by the applicable recording fee set by regulation; if the document is to be recorded for multiple purposes, it must be accompanied by the applicable fee for each of the multiple purposes.

If you create a revocable trust, you will need to choose a Trustee and decide how the property will be managed after you die. If you want to avoid probate, you will also need to transfer ownership of all of your property to the revocable trust or name the revocable trust as a beneficiary of your property.

Property held by spouses under the Alaska Community Property Act. Each spouse owns half of the property and when one spouse dies, his or her half passes either automatically to the surviving spouse or to the beneficiaries or heirs of the spouse who died.

Alaska Beneficiary Deed

Description

Related forms

Viewed forms

How to fill out Beneficiary Deed?

Form popularity

FAQ

How do I avoid probate in Alaska?

Does Alaska have a beneficiary deed?

How do I transfer ownership of a property in Alaska?

How do I file a quitclaim deed in Alaska?

How do you avoid probate in Alaska?

Does Alaska have right of survivorship?

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Alaska Beneficiary Deed

Description

Related forms

Viewed forms

How to fill out Beneficiary Deed?

Form popularity

FAQ

How do I avoid probate in Alaska?

Does Alaska have a beneficiary deed?

How do I transfer ownership of a property in Alaska?

How do I file a quitclaim deed in Alaska?

How do you avoid probate in Alaska?

Does Alaska have right of survivorship?

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