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 ...

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 ...

Dear Mr. Premack: If a married couple signed a lady bird deed and one of them dies, can the surviving spouse revoke the original lady bird deed that gives the house to the children? And can a lady ...

JACKSONVILLE, Fla. — Your house might be your single most valuable financial asset. So you want to make sure you can give it to those you love when you die, without giving up the farm. That can be ...

DEAR JEFF: I hear a lot about Lady Bird deeds, or transfer on death deeds. I have left my real estate to my children in my will. If I have done that, why would I need a Lady Bird deed? Thanks, “Trying ...

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 ...

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: What is a Lady Bird Deed? Can it be used to transfer ownership of our second home in Michigan to our family outside of probate? A: If you look up Lady Bird Deeds on the Internet, this is what ...

Q: We have an accepted offer on our home and we have moved into our new condo. The buyers are relocating and their temporary housing has mold issues and they want to move into our house before closing ...

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 ...