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"
Many people, like myself, have decorated a spare bedroom with boxes of old medical insurance reimbursement statements and tax returns. While interesting to grandchildren that you only earned $6,000 annually...
But as my largest asset I want to be sure I can leave it to my three children and avoid probate. What should I do? Individual retirement accounts or IRAs...
My husband and I gave some of our land to build a home and recently loaned money to pay off our son’s mortgage.He and his wife have made no effort to pay us back. They are both in good health and employed, but always say they are short of money. When we...
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