beneficiary deed

beneficiary deed
Category: Real Estate & Rental Property → Homeowners
Category: Wills, Trusts & Estates → Living Trusts & Avoiding Probate
Category: Wills, Trusts & Estates → Estates, Executors & Probate Court

Nolo’s Plain-English Law Dictionary. . 2009.

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  • deed of trust — see deed Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. deed of trust n. A deed …   Law dictionary

  • deed of variation (of a deceased's estate) — England, Wales A deed (also known as a deed of family arrangement) that enables beneficiaries (beneficiary) of a deceased person s estate to alter the distribution of that estate. It is possible to vary the terms of a will or, where there is no… …   Law dictionary

  • Deed — For the British cargo ship, see SS Deed. Property law …   Wikipedia

  • Beneficiary Of Trust — A beneficiary of trust is a person for whom a trust was created, and who receives the benefits of that trust. In many instances a trust is established to prevent the exhaustion of an estate. A trust for the benefit of a child, for example, may… …   Investment dictionary

  • deed of variation — A written deed that identifies the specific provisions of a will to be varied. It must be signed by any person who would otherwise have benefited from the will as originally drawn. No payment or inducement must pass between the beneficiary in… …   Big dictionary of business and management

  • transfer-on-death deed — A real estate deed that takes effect at death and allows a property owner to leave property in a way that avoids probate court proceedings after death. It is allowed in only some states. Sometimes called a beneficiary deed. Category: Real Estate… …   Law dictionary

  • trust deed — see deed Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. trust deed …   Law dictionary

  • Trust deed (real estate) — In real estate, a trust deed or deed of trust, is a document wherein specific financial interest in the title to real property is held by a trustee, which holds it as security for a loan. When the loan is fully paid, the monetary claim on the… …   Wikipedia

  • Trust deed — Trust Trust, n. [OE. trust, trost, Icel. traust confidence, security; akin to Dan. & Sw. tr[ o]st comfort, consolation, G. trost, Goth. trausti a convention, covenant, and E. true. See {True}, and cf. {Tryst}.] 1. Assured resting of the mind on… …   The Collaborative International Dictionary of English

  • trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… …   Black's law dictionary

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