Saturday, June 21, 2014

My mother passed last year and had a Beneficiary Deed made out for her property in Apache Junction, Arizona assigning it to my two sisters a...

Question

My mother passed last year and had a Beneficiary Deed made out for her property in Apache Junction, Arizona assigning it to my two sisters and myself. I am the Executor in her will. We have been paying the property taxes since her death. I was reading about the beneficiary deeds and that they automatically transfer title to the grantee(s) upon the passing of the grantor. Does that mean I still would need to transfer the title and, if so, is there a time frame to get this done?



Answer

If the beneficiary deed was recorded, then you should record a copy of the death certificate and that alone will make you and your sisters the owners of the property, which passes outside of your mother's estate. You should contact a title company and consider buying title insurance in the name of you threee.



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