The thought of organizing assets for loved ones after your death can feel daunting, especially when the Texas probate process seems so complex. Avoiding probate is possible, though, with the right tools, circumstances, and expertise on your side. One way to bypass probate with regards to real estate is the special deed, which allows for property to transfer from the descendent to the beneficiary more efficiently than it would through probate. On today’s blog, we review the special deed and some of its characteristics to keep in mind when undergoing the estate planning process.
What is a Special Deed?
A special deed is a legal document that transfers real estate from one person to another. When a property owner dies, if there is a valid special deed, that property does not need to go through probate at all.