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Originally Posted by My Daily Run
Have been doing some research and I might be interested in this type of trust as I only have one child and I am single...need advice of a good lawyer/company that I could reach out to for advice and or setting up some kind of trust...hearing so many nightmares of people not getting their after life in order and leaving children in a costly mess
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Do you mean a lady bird deed? If so, any title company can convert your house deed to a lady bird for a few hundred dollars, and you can designate anyone as the beneficiary for your house. Much easier and less expensive than a trust. Lady bird deeds are used in Florida because Florida does not allow real estate deeds to be set up as TOD (transfer on death). It is a good idea to discuss the concept with an attorney.