One of the hardest decisions a homeowner has to make is what will happen to their house when they die. Most are eager to leave their assets to their family—and hopefully with as much ease as possible ...
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 ...
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 ...
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 ...
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 ...
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: I’ve been researching estate planning and I came across Lady Bird deeds. They appear to be the same as Transfer on Death deeds. Is there any difference between the two and is one preferable over ...
Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. This article explores what a property deed is, the ...
Dear Monty: My mom put her house in my name and kept a life estate on it. She moved out several years later into an assisted living facility. She now claims the house still belongs to her. Did her ...