What is a life estate deed? The short answer is a life estate deed separates ownership of real property between two different parties. Often, but not always, the parties are the parents or one parent, and a child or more than one child, and sometimes grandchildren. One party gets life time use of the property and...Read more
Tag Archives: Lady Bird Deeds
- Tag Archives: "Lady Bird Deeds"
I got a lot of phone calls about long term care planning after an article on Medicaid planning I ran a month or so ago. There were common areas of...
Some attorneys and financial planners prefer living trusts as a primary estate planning vehicle, but each have their usefulness. Wills can be prepared inexpensively, are familiar and understood by the...
Many people have decorated a spare bedroom with boxes of old medical insurance reimbursement statements and tax returns. While proof to grandchildren that you only earned $6,000 decades ago with...
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