Done the ladybird deed, here the details.
Thanks to person that had post on this, I wasn’t aware of ladybird deed and we was thinking about doing something to keep property out of probate in case.
Ok done the Ladybird deed (Enhanced Life Estate Deed, ELED) today figured it was better than nothing.
First have to go online find form (Far as I know only place to get it. I called county and they said go on line to get form) ladybird deed or ELED. Download load and print couple copies preferably on one page with notary information on back.
I would NOT fill out you’re personnel information online typing it in cause most cases you won’t be able to print it without fee, but that’s your choice. Hand printed copy just fine signed in blue ink.
To fill in the legal description of property you have to find that on your title along with parcel ID number fill it exactly as written on title.
Once that’s done go get it notarized (notary has no expire date as long as commission number current and has not expired). Course after it recorded it’s good to go. So don’t have rush getting to court house what ever county you live in. At least what said in Marion county?
In my case Marion country, which on corner of US 441 and 40 in down town Ocala. Can park in parking garage for free and county clerks office building right on corner of 441 and 40 on first floor. Not the main building where court held. Follow blue line to right once came out of parking garage on first floor.
If no one in line takes about 15 mins or so cost $22.50 if pay cash, CC will be fee attached which I didn’t ask how much cause I had cash.
For me ladybird prefect, I only have one son and not lot assets. If you are in similar situation this is easy and cheap way keep property out of probate.
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