For most people, their home is one of their largest assets. This is why it is so important to make sure that your real property is correctly transferred into the name of your revocable living trust. By transferring the real property into the trust, your real property will avoid probate and get to the people you want it to go to efficiently. In Arizona there are a couple of different deeds that we use to effectuate this transfer. One is a special warranty deed and the other is a beneficiary deed. Depending on your circumstances, one may be better than the other. It is the job of your experienced estate planning attorney to understand the pros and cons of these deeds and be able to recommend the appropriate deed for you. An experienced estate planning attorney will never prepare a quit claim deed as part of your estate plan as this is a flawed and inferior deed.
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Please call us at (480) 390-6089.