You may revoke a transfer on death deed at any time. You may also change the beneficiary on a transfer on death deed at any time.
This is the second post in a two-part series on transfer on death deeds. In last week’s post, I explained what a transfer on death deed was and how to create one. In this post, I will show how you can revoke a transfer on death deed.
All you need to do is execute a document revoking the deed or changing the beneficiary, have the document witnessed by two witnesses and notarized, and file the document in the county clerk’s office. Once you have filed the revocation in the county clerk’s office, the revocation is complete; the transfer on death deed is revoked. You do not need the beneficiary’s consent to revoke, or change the beneficiary on, a transfer on death deed.
For a sample form revoking a transfer on death deed, click here:
(Note: This is a basic form, that may not work in your particular situation. If you have any questions about this document, consult an attorney.)
Can a Transfer on Death Deed Be Revoked with a Will?
No. State law says that you cannot revoke a transfer on death deed with a will. Rather, you must execute a document revoking the deed, and file the document with the county clerk, in the manner described above.
If you have created a transfer on death deed and would like to revoke it, you have the right to revoke the deed. If you have any questions about revoking a transfer on death deed, contact our office today.