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How is a Lady Bird Deed Used in an Estate Plan?
How is a Lady Bird Deed Used in an Estate Plan?

A Lady Bird Deed, also known as an Enhanced Life Estate Deed, is a type of deed used in Michigan (and some other states) to transfer real property to one or more recipients while retaining certain rights to use and possess the property during the grantor's lifetime. The main ...

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Recent Posts
  • How is a Lady Bird Deed Used in an Estate Plan?

    A Lady Bird Deed, also known as an Enhanced Life Estate Deed, is a type of deed used in Michigan (and some other states) to transfer real property to one or more recipients while retaining certain ...

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  • Can my Insurance Agent Do My Estate Planning?

    Many insurance agents advertise that they offer estate planning as one of the many services they provide for their clients. Others sometimes offer retirement planning as part of their services. ...

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  • What Professionals Should be Involved with Estate Planning?

    Estate planning typically involves the input of several professionals, including a financial advisor, attorney, and accountant. A financial advisor can help you identify your financial goals and ...

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  • What are the Benefits of Using a Trust as Part of an Estate Plan?

    There are several benefits to using a trust in an estate plan: Avoidance of probate: Property held in trust does not need to go through the probate process when the trust creator (also known as the ...

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  • What is the Probate Court and How Can it be Avoided?

    A frequent question asked by clients at the beginning of the estate planning process concerns how Probate Court can be avoided. Some clients don't have an understanding of the role played by the ...

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  • Where Should Estate Planning Documents be Kept?

    We are frequently asked where our clients should keep their estate planning documents after they have been prepared. Some people have read that they should be kept in a safe, others believe that they ...

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