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 ...
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 ...
Dear Mr. Premack: I've been reading your column and have a few questions. Can a Ladybird Deed name two people (daughter and granddaughter) in the transfer of property? Is there an age requirement for ...
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 ...
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 ...
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 ...