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 ...

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 ...

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 ...

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’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 ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. A neighborhood in suburban Houston is seen in this file photo. Lady Bird deeds offer Texans a way to transfer a home without ...

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 ...