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 ...
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 ...
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 ...
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 ...
A: Lady Bird deeds (also called "enhanced life estate deeds") are often used when a person is trying to qualify for Medicaid, with the goal of having the home pass to the person's children or other ...