Simple Revocable Transfer on Death (Tod) Deed - County of San Diego, California

Simple Revocable Transfer on Death (Tod) Deed is a legal document that was released by the Assessor, Recorder, County Clerk's Office - County of San Diego, California - a government authority operating within California. The form may be used strictly within County of San Diego.

FAQ

Q: What is a Simple Revocable Transfer on Death (Tod) Deed?A: A Simple Revocable Transfer on Death (Tod) Deed is a legal document that allows you to transfer real property to a designated beneficiary upon your death without the need for probate.

Q: What does the Simple Revocable TOD Deed do?A: The Simple Revocable TOD Deed allows you to transfer your real property to a designated beneficiary upon your death, without the need for probate.

Q: What are the advantages of using a Simple Revocable TOD Deed?A: The advantages include avoiding probate, allowing for easy transfer of the property to a designated beneficiary, and the ability to revoke or change the beneficiary designation at any time.

Q: Is the Simple Revocable TOD Deed valid in San Diego County, California?A: Yes, the Simple Revocable TOD Deed is valid in San Diego County, California.

Q: Can I change or revoke the Simple Revocable TOD Deed?A: Yes, you can change or revoke the Simple Revocable TOD Deed at any time, as long as you are mentally competent.

Q: Do I need an attorney to create a Simple Revocable TOD Deed?A: While it is not required, it is recommended to consult with an attorney to ensure the deed is properly executed and complies with legal requirements.

Q: Are there any restrictions on who can be designated as a beneficiary in a Simple Revocable TOD Deed?A: There are generally no restrictions on who can be designated as a beneficiary in a Simple Revocable TOD Deed, but it is important to follow the legal requirements and consult with an attorney if needed.

Q: Does a Simple Revocable TOD Deed override a will?A: Yes, a Simple Revocable TOD Deed can override a will, as the property will transfer directly to the designated beneficiary upon your death.

Q: Is a Simple Revocable TOD Deed a substitute for a living trust?A: No, a Simple Revocable TOD Deed is not a substitute for a living trust. It is an alternative option for transferring real property outside of probate, but does not provide the same level of control and flexibility as a living trust.