Lady Bird Deed

29 Aug Estate and Elder Law Planning Using Lady Bird Deeds – Part 5 Unresolved and Contentious Issues

Posted at 13:13h in Lady Bird Deed

Although much has been written about Lady Bird Deeds, there still persist many unresolved issues and differences of opinion. For example, The Fund has been clear about not insuring title when a life tenant under a Lady Bird Deed reconveys the property to himself or...

Read More

16 Aug Estate and Elder Law Planning Using Lady Bird Deeds – Part 4 Practical Applications

Posted at 00:19h in Lady Bird Deed

Some of the typical Lady Bird Deed scenarios include a husband and wife retaining a life estate, with the remainder to children upon their death. The remaindermen can be tenants in common or joint tenants with right of survivorship. If there are several remaindermen and...

Read More

01 Aug Estate and Elder Law Planning Using Lady Bird Deeds – Part 3 The Fund’s Position

Posted at 19:49h in Lady Bird Deed

The Funds’ position regarding judgments against the life tenant or remainderman, death of the remainderman prior to the life tenant, homestead, and elective share are discussed below. Judgments recorded against the life tenant in the county where the property is located will be insured depending on...

Read More

17 Jul Estate and Elder Law Planning Using Lady Bird Deeds – Part 2 General Discussion

Posted at 14:03h in Lady Bird Deed

A Lady Bird Deed is a life estate deed which reserves the right in the life tenant to divest the remainderman of his or her interest by conveying title to a third party without joinder of the remainderman. A Lady Bird Deed can be created...

Read More

14 Jun Estate and Elder Law Planning Using Lady Bird Deeds – Part 1

Posted at 00:41h in Lady Bird Deed

Lady Bird Deeds, also known as Enhanced Life Estate Deeds, have seen an increase in popularity in the last 20 years, primarily in the areas of estate planning and elder law. Along with the increase in the number of attorneys using Lady Bird Deeds, there...

Read More