Quote:
Originally Posted by rjm1cc
Several mention of Lady Bird Trust. Yes this could be the answer but best I can recall the person inheriting the property may have some say over it disposition if you want to sell. Be sure to investigate if the deed limits what you can do with the property while you are living. If the property is in Fl, your homestead, and going to your children I think the best way to handle the property is in the will as some homestead protections also pass to the children. I would lean toward an attorney who is in the Elder law group and experienced in trusts and Fl law.
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I agree with getting advice before setting up a lady bird deed. But, as I understand it, the property owner can revoke the lady bird deed at any time without the beneficiary's permission.