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The Florida Lady Bird Deed. By: Jonathan Innes, Esq., Barry L. Miller, P.A. Offices Orlando. Estate planners looking for a probate avoidance strategy that ensures retained control of real estate assets throughout life and automatic transfer upon death should consider an Enhanced Life Estate Deed, colloquially known as a Lady Bird Deed.
The timing of the two efforts – which were announced on the same day – was coincidental, said DEED Commissioner Shawntera Hardy, who is involved in both the state and city efforts. She and Lt. Gov.
A "Lady Bird Deed" (or more accurately called an "Enhanced Life-Estate Deed") is a type of deed which provides the grantor–i.e. the real estate property owner–with certain rights during life, with the remaining interest going to a named grantee at the grantor’s death.
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In the article on "The Disproportionate Impact of Heirs Property in Florida’s Low-Income Communities of Color" in the September/October issue, the authors fail to mention the single most effective method of reducing the impact of heirs’ property, to wit, the extended powers life estate deed, also referred to as the "Lady Bird Deed."
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In conclusion, the Enhanced Life Estate Deed is an incredible tool for avoiding probate with minimal downside when compared to the alternatives. For additional information or to schedule an appointment, call Boynton Beach, Florida Elder Law & Estate Planning Attorney Martin H. Cohen at 561-880-8223.
Real Estate. This form is draft request of an Enhanced Life Estate Deed, also known as a Lady Bird Deed. This form will be drafted by an attorney within 24 hours. If for some reason this deed isn’t available in your state your money will be refunded. If you have a
What is the Florida Enhanced Life Estate Deed Quit Claim Ladybird Deed? This enhanced life estate deed is a document that transfers ownership of real property, while reserving full access to the property for the duration of the grantor’s life.