Washington Beneficiary Deed

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Multi-State
Control #:
US-03279BG
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Word; 
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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

Washington Transfer-on-Death Deed You can use this transfer-on-death (TOD) deed to leave Washington real estate at your death. The real estate will automatically go to the person you named to inherit it -- the TOD beneficiary -- without the need for probate court proceedings.

To get title to the property after your death, the beneficiary must record a certified copy of the death certificate in the recording division of the county auditor's office, and provide the documentation to the county treasurer as well. No probate is necessary.

If your beneficiary dies before you, the property is not part of his or her estate. Incapacity not addressed. This type of transfer does not address or protect against your incapacity or disability. The property cannot be sold to pay for your care.

Living Trusts are Commonly Used to Avoid Probate in Washington State. A living trust can be revocable, and this basically means that the person who created it has the ability to end or change it, providing you're still mentally capable.

To get title to the property after your death, the beneficiary must record a certified copy of the death certificate in the recording division of the county auditor's office, and provide the documentation to the county treasurer as well. No probate is necessary.

Requirements for Transfer on Death Deeds in Washington It must be recorded before the transferor's death in the auditor's office of the county where the property is located. While not required, providing notice of the TODD and acceptance by the transferee is advisable.

When you designate a beneficiary, do so by name; don't use categories such as "my nieces and nephews." For example, if you want to leave your house to your two children, put their names on the deed?for example, "Robert P. Wyman and Rosamund M.

The key purpose of a beneficiary deed is to transfer real estate to your heir in the future, and not in the present moment. The secondary (and also key) purpose is to keep your property outside of probate. If you simply leave your property to your heir in a Will, then that property will be subject to probate.

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Washington Beneficiary Deed