Quote:
Originally Posted by caseycasebeer
I am not an attorney, but was interested in how to convey title to my residence in The Villages to my son (upon my death). If possible, I wanted to avoid the hassle and expense of Probate.
My online research showed me something called an “Enhanced Life Estate Deed” (aka: “Lady Bird Deed”). Florida is one of five states that offers such a deed. It can be done online, avoids Probate, gives the “Grantee” life tenancy, and all the benefits of ownership (including Homestead Exemption benefits). At $60, it sounded pretty good, but I would invite other’s opinions.
Once you complete the simple worksheet, it is emailed back to you. You then have the document notarized and signed by two witnesses, then take it to the Clerk of the Court’s office (at Morse & Hwy 466) to have it recorded ($27.70). Amazingly simple.
The site I used was:
Right of Survivorship Deed | DeedClaim |
Well my wife and I still have our financial adviser in Wisconsin, and he has a lot of clients that are snowbirds here in Florida.
The last time we went back to Wi.he suggested we add "The Lady Bird Deed" to our estate. Our adopted son will get our house some day, he also lives in Florida.