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 ...
A ladybird deed can be helpful for a lot of reasons. It can be used to avoid probate, because once the grantor dies, the grantee owns the property. earleliason / Getty Images There are a nickel’s ...
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 ...
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 ...
The life estate technique can work to preserve family property in a similar manner; however it lacks the features of protection from creditors provided by ownership in a trust. Future possible ...