Talk of The Villages Florida - View Single Post - Do We need a "Trust"?
Thread: Do We need a "Trust"?
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Old 12-24-2021, 08:45 AM
retiredguy123 retiredguy123 is online now
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Originally Posted by Yvonnebang View Post
Could you kindly share the options re: "there are several ways to transfer property ownership at death without having a trust." ?
Also, would it be different in Florida and NY?
Thank you in advance!
See posts 7 and 8.

I don't know about New York, but, in Florida, a title company can prepare a "lady bird" deed for about $200, where you can designate a beneficiary who will automatically become the property owner when you die. I would ask an attorney and/or a title company to explain exactly how it works. Some states allow a "transfer on death" deed, but Florida doesn't.