Grady County, OK - General Discussion

[Richard_Winblad]

If you have heirs, you might want to will the acres to them. Keep in mind that probate is not avoided with a Will. A better solution may be a Trust or Transfer on Death Deed.

Transfer on Death Deeds (Beneficiary Deeds)

What is a Transfer on Death Deed? Most states now have a probate avoiding mechanism that allows owners to transfer real property, including mineral interests, upon their death to selected individual or individuals without the need for probate. This works whether or not an individual has a Will. The process is fairly simple. A form is completed and filed listing the owner(s), legal descriptions, and beneficiaries. This gives the beneficiaries no right to income, possession, management, etc., un…