How To Register Transfer On Death In Kansas

Kansas Transfer on Death Human action Revocation Data

Kansas transfer on death deeds (TODDs) are governed by K.Due south.A. 59-3501 (2012) et seq. Revocation, specifically, is addressed in.

The transfer on decease deed is a flexible estate planning tool which became bachelor to Kansas state owners in 1997. Revocability, one of the many unique features of this deed, is based on the fact that the conveyance has no result until after the possessor dies.

Why might an owner wish to cancel, or revoke, a transfer on death? Sometimes in that location are changes in the owner or beneficiary's circumstances, unexpected family disputes, or ane or more of numerous other reasons. In this regard, the reason does not affair -- the owner holds absolute title to and control over the holding. The statute at 59-3503 provides 2 methods for exercising this option:

(a) A designation of the grantee beneficiary may be revoked at any time prior to the death of the record possessor, by executing, acknowledging and recording in the office of the register of deeds in the county where the real estate is located an instrument describing the involvement revoking the designation. The signature, consent or agreement of or notice to the grantee beneficiary or beneficiaries is not required.

(b) A designation of the grantee casher may exist changed at whatever time prior to the decease of the tape owner, by executing, acknowledging and recording a subsequent transfer-on-decease deed in accordance with K.S.A. 59-3502. The signature, consent or agreement of or discover to the grantee casher or beneficiaries is not required. A subsequent transfer-on-death beneficiary designation revokes all prior designations of grantee beneficiary or beneficiaries by such tape owner for such involvement in real estate.

Finally, part (c) explains that a transfer-on-death human activity executed, acknowledged and recorded in accordance with this act may not be revoked by the provisions of a volition.

Each situation is unique, so for specific questions or to review the options for more circuitous situations, contact a local attorney.

Deeds.com Kansas Transfer on Death Deed Revocation Forms Accept Been Updated as Recently as Mon May 30, 2022

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