the Lady Bird deed cost will be much less than the cost of having a revocable trust created. If you have a significant amount of property of any type in addition to your primary home, a revocable trust may be a better way to go. ...
Key Term: Lady Bird Deed.The termlady bird deedcomes from a fact pattern used by Florida attorney Jerome Ira Solkoff in his teaching materials. Solkoff used fictional characters to illustrate the use of this type of deed. One character was former United States President Lyndon Johnson’s wife...
which are just bite-sized pieces of knowledge on estate planning, elder law, asset protection, today, we’re going to talk about lady bird deeds or what is a lady bird deed. So a lady bird deed as a type of deed we use a lot in our office, and ...
Understanding Lady Bird Deed: What Is It and How It Works Key Features of a Lady Bird Deed When to Use a Lady Bird Deed: Determining If a Lady Bird Deed is Right for You Benefits and Drawbacks of Using a Lady Bird Deed How to Create a Lady Bird Deed: Step-by-Step Guide How Is a...
What Is a Lady Bird Deed and Should Retiree Get One?
A Lady Bird Deed is a great tool to avoid probate and avoid estate recover/Medicaid Spend-down in Michigan as long as your plan on keeping the home a home. If you are looking to sell the home while alive, then maybe you should consider a Castle Trust™....
'Stay here in peace,' said Thyrsis, sighing, to the lovely and grieving Phyllida. 'Stay here, I go; as decreed by the law, pityless destiny, bitter and hostile fate.' And then, distilling bitter tears from each of her starry eyes, she fixed her gaze on that of her Thyrsis and ...