Dear Mr. Premack: I am the beneficiary on my father's life estate deed of his home. He passed in October 2018. I am wanting to sell the house and have not filed a warranty deed to put the house in ...

Probate-free real-estate deeds spread across U.S. ... Nevada and Ohio include a sample deed in their statutes to give consumers a blueprint for how a ... Life insurance policies have similar ...

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 ...

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 ...

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 ...

Enhanced life estate deeds vs. life estate deeds. While Lady Bird deeds are a type of life estate deed designed to automatically transfer property ownership upon death of the original owner to ...

A ladybird deed, also referred to as an enhanced life estate, allows for the transfer of property to someone else while retaining control of the property. This type of deed can be used in ...

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 ...

Therefore, a life estate deed is not the best way to preserve real estate from the cost of potential long-term care. Need a break? Play the USA TODAY Daily Crossword Puzzle.

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 … ...

Finally, to answer your question whether a TOD Deed is a better estate planning device than transferring title and retaining a life estate; it all depends on your circumstances and goals.

A: Transferring title to real estate and retaining a life estate interest is a very different transfer than using a Transfer on Death (TOD) Deed. The result following your death may be that your ...