Talk of The Villages Florida - View Single Post - Do We need a "Trust"?
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Old 12-24-2021, 12:24 PM
Michael G. Michael G. is offline
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Quote:
Originally Posted by retiredguy123 View Post
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.
GREAT Advice here.......

Our financial firm is in Wisconsin yet for our investments etc.
They handle lots of retired clinics that move to Florida from up there and told us a couple years ago to add the "lady bird deed" attached to our will, so we did.