If you are planning to transfer a vehicle as part of your estate planning in Texas, you will need to follow the process outlined by the Texas Department of Public Safety (DPS). Here is a step-by-step guide on how to transfer a vehicle using a DPS form:
- Obtain the appropriate form: You will need to use the Vehicle Transfer Notification (Form VTR-346) to transfer a vehicle as part of an estate. You can download this form from the DPS website or obtain it from a local DPS office.
- Fill out the form: You will need to provide the following information on the form:
- The name and address of the person transferring the vehicle (the seller)
- The name and address of the person receiving the vehicle (the buyer)
- The make, model, and VIN of the vehicle
- The date of the sale
- The selling price of the vehicle
- The odometer reading at the time of the sale
- Have the form signed and notarized: Both the seller and the buyer must sign the form in the presence of a notary public.
- Submit the form to the DPS: You can submit the completed and signed form either by mail or in person at a local DPS office. You will also need to provide proof of ownership, such as a title or bill of sale.
- Pay the transfer fee: There is a fee of $5.50 to transfer a vehicle in Texas. You can pay this fee by cash, check, or money order.
- Obtain a new title: Once the transfer is complete, the buyer will receive a new title in their name. It is important to keep this title in a safe place, as it is proof of ownership for the vehicle.
It is a good idea to consult with an attorney or a DPS representative if you have any questions about the vehicle transfer process. They can help ensure that the transfer is completed smoothly and that all necessary steps are followed.
Planning to transfer a vehicle in Texas as part of your estate is an important step. You may also want to consider creating a will, establishing a power of attorney, or setting up a transfer on death deed. For official forms and requirements, visit the Texas Department of Motor Vehicles.