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 ...
Enhanced life estate deeds, affectionately nicknamed Lady Bird deeds, can be an effective tool in real estate to transfer ownership of real property upon death. They got their nickname when President ...
1) the property owner (grantor) retains life estate while granting to someone else (grantee) the remainder interest, and 2) the grantor retains the legal right to rescind the remainder interest to ...
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 ...
Lady bird deeds automatically transfer property to beneficiaries without probate, but they're limited to five states. Many, or all, of the products featured on this page are from our advertising ...
Q: My daughter wants me to put my apartment into a joint tenancy with survivorship to make things easier when I eventually pass away. I want to make things easier, but I don’t know what this means. Is ...
Q: I own a home that my sister and her husband live in, and I claim the homestead exemption on my primary residence. I was told by a real estate title expert that if I sign a revocable life estate ...