Form PS2004-2 Application for Transfer-On-Death Beneficiary - Minnesota

What Is Form PS2004-2?

This is a legal form that was released by the Minnesota Department of Public Safety - a government authority operating within Minnesota. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form PS2004-2?
A: Form PS2004-2 is the Application for Transfer-On-Death Beneficiary in the state of Minnesota.

Q: What is a Transfer-On-Death Beneficiary?
A: A Transfer-On-Death Beneficiary is a person or entity named to receive property, such as real estate or vehicle, upon the owner's death without the need for probate.

Q: Why would I need to fill out Form PS2004-2?
A: You would need to fill out Form PS2004-2 if you want to designate a Transfer-On-Death Beneficiary for your property in Minnesota.

Q: What information do I need to provide on the form?
A: You will need to provide your personal information, the description of the property, and the name of the designated beneficiary.

Q: Is there a fee for filing Form PS2004-2?
A: There may be a fee associated with filing Form PS2004-2. It is best to check with the county recorder's office for the current fee schedule.

Q: Do I need to have the form notarized?
A: Yes, the form needs to be notarized. You will need to sign the form in the presence of a notary public.