DMV’s Transfer on Death Form can help you avoid the pain of going through Probate just for your car.
Transfer on Death allows vehicle owners to add or remove a beneficiary to their title. You may list a total of four vehicle owners, including beneficiary on a certificate of title.
You (legal owner) can add or remove Beneficiaries at anytime (e.g. when you are removing a car loan or buying out a lease.) However, if you have multiple vehicle owners, you cannot each have a different beneficiary.
There are only a few steps to obtaining your Transfer on Death Title:
- Make sure you own the vehicle as an individual (e.g. you cannot have a car loan, your company cannot own it.)
- Notarize or take the document to your local Nevada DMV for signing.
- Pay DMV the cost for issuing a new title. As of the writing of this article, the listed cost is $20.00
- Mail or drop off the documents.
If this above is completed, the only thing your beneficiary will need if you pass is the following:
- Death Certificate
- A Copy of the Title
- If they cannot find a copy of the Title, they can instead submit a Beneficiary’s Affidavit For Title (VP 241)
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