Your browser does not support JavaScript, You should enable JavaScript to use this website.

What is a Beneficiary Deed?

Beneficiary Deeds


Overview
A Beneficiary Deed is a special type of deed that allows you to give real property to another individual, upon your death.

Why should you consider a Beneficiary Deed?
-Property transfers by Beneficiary Deed avoids Probate court.*
-You can have a single beneficiary or multiple beneficiaries.
-Title does not transfer upon the creation of your Beneficiary Deed.
-Title to your property would not occur until your death. 
-Beneficiary Deeds can be revoked or amended during your lifetime.


 *Probate is an expensive, time-consuming, court-ordered process that a decedent’s property is subject to upon their death. Exceptions include (1) transfer of ownership via a Beneficiary Deed, (2) transfer of ownership via a Trust, and (3) transfer on death designations on financial accounts.

314-448-0527

Call or text to speak to an attorney!
We now offer video conference & virtual consultations!

Start with our free, no-commitment consultation.

The Law Office of David S. Schleiffarth


The Law Office of David S. Schleiffarth, LLC

Estate planning attorney, specializing in: wills, trusts, financial power of attorney, health care power of attorney, advance health care directive, beneficiary deeds, and more. Serving St. Louis County and the greater St. Louis metro area. 

Address

75 W Lockwood Ave #200
Webster Groves, MO 63119, US


© 2020 The Law Office of David S. Schleiffarth, LLC