A life estate deed is an easy and inexpensive way to protect your primary residence from being subject to Medicaid Estate Recovery upon your death. Per prior articles, your real estate is not a ...
An enhanced life estate deed, often referred to as a “Lady Bird” deed, is a legal document utilized in some areas to streamline the transfer of property ownership. This deed simplifies the process for ...
A: Deeds that create an enhanced life estate, which are often called “Lady Bird Deeds,” are becoming increasingly popular estate planning tools. When a life estate is created, a property owner, called ...
Q: I have a question about a property deed. We are getting up there in age, and we are trying to put everything in order for our kids. Is it better to have a Lady Bird deed or a life estate on our ...
What Is a Life Estate? Life estates are most commonly used with real estate and are created by the owner of the property. If you own your home, you are considered the life estate tenant. As the life ...
Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
Q: Can you explain a "Lady Bird" deed? Can title to a house transfer under such a deed without going through probate? A: Lady Bird deeds (also called "enhanced life estate deeds") are often used when ...
Q: I have a question about a property deed. We are getting up there in age, and we are trying to put everything in order for our kids. Is it better to have a Lady Bird deed or a life estate on our ...
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