Phelps County Revocation of Beneficiary Deed Forms (Missouri)

Form Package

Revocation of Beneficiary Deed

State

Missouri

Area

Phelps County

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$27.97

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Included Forms

All Phelps County specific forms and documents listed below are included in your immediate download package:

Included Supplemental Documents

The following Missouri and Phelps County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Revocation of Beneficiary Deed Forms:

• Phelps County

Including:

• Beulah
• Duke
• Edgar Springs
• Jerome
• Newburg
• Rolla
• Saint James

What is the Missouri Revocation of Beneficiary Deed

One of the many useful aspects of the Nonprobate Transfers Law of Missouri (RSMo Sections 461.003 to 461.081) is the option to revoke a previously recorded beneficiary deed. Revocation is specifically addressed in RSMo 431.033. The option to revoke is possible for several reasons: the grantor is not required to notify the beneficiary of the potential future interest; there is no consideration given in exchange for property rights; and the transfer of ownership is not completed until the grantor or grantors have all died. As a result, the named beneficiary has no actual interest in the real estate.

A grantor on a beneficiary deed may change or revoke beneficiary designations at will, and with no obligation to the individuals named as beneficiaries on the deed. To accomplish this, the original grantor (or grantors) may record a signed, notarized notice of revocation with the same office that accepted the original beneficiary deed. While effective, real estate that is not re-conveyed under a new beneficiary deed reverts back to the grantor's estate at his/her death, and is then distributed via the probate process. Alternately, the grantor may execute a new beneficiary deed, designating someone else as the beneficiary. Recording the new deed removes the prior beneficiary's name and replaces it, identifying the current beneficiary's information.

Note that any change in beneficiary designation must be executed and submitted for recordation during the grantor's lifetime.

(Missouri Revocation of BD Package includes form, guidelines, and completed example)

Our Promise

The documents you receive here will meet, or exceed, the Phelps County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

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