Archive: Tag: remainderman

September 21, 2020

Lady Bird Deeds

Avoiding Probate With Enhanced Life Estate Deeds When considering estate planning, a Lady Bird Deed (also known as an enhanced life estate deed) can be used as an effective tool to allow a homeowner to live in their home for the rest of their life and automatically pass ownership onto whoever is designated in the recorded lady bird deed after the life estate holder is deceased. The lady bird deed in Florida allows you to avoid probate, reserve powers to yourself, maintain Medicaid eligibility, and maintain Homestead exemption. [caption id="attachment_294" align="alignnone" width="526"] [...]