Talk of The Villages Florida - View Single Post - Lady Bird Deed
Thread: Lady Bird Deed
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Old 08-07-2023, 04:35 PM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by rjm1cc View Post
Not an expert. I think the lady bird is also a life estate. I would check to see that if you used this type of deed you could sell the property without getting permission of the beneficiary. I do not think you can.
I think in Fl if your home qualifies as homestead and your will leaves it to your children you can avoid probate if this is what your are trying to do. After you do your research I would discuss with an estate attorney.
Agree with discussing with an attorney. But, with a ladybird deed, you do not need the permission of the beneficiary to sell the house. Also, if you leave the house to someone in a will, the title company has no way to know if the will is valid or if it is the most recent will, so they may not transfer clear title to a buyer without the probate court's approval. The ladybird deed avoids this problem.