Quote:
Originally Posted by retiredguy123
I agree, except that, if the son gets sued, you could lose your house. With a ladybird deed, you maintain full ownership and control of the house, and you don't even need to notify the son that he is named as a beneficiary on the deed. And, you can change the deed anytime you want. Also, won't you lose your homestead exemption?
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Also, if he gets a divorce you'll lose your house.