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 the other receives the property...Read more
Tag Archives: Lady Bird Deeds
- Tag Archives: "Lady Bird Deeds"
- As the personal representative what kind of things do I need to think about before I settle my friend’s estate?
- My father named my mother, then me as his attorney-in-facts in a financial power of attorney. Both my parents are now in care facilities and not competent. Am I automatically in charge or does something more need to be done?
- What is a life estate deed?
- If someone dies in a car accident and he is not at fault, who receives the insurance settlement monies, the people named in the will or the heirs-at- law?
- Things are changing for my parents and I feel I need to address early care and monetary issues with my siblings when they visit from out of state at Christmas. How do I begin?
When my Father passed some years ago the flag ceremony performed by two active duty sailors at his grave side was part of the memorial to our loved one who...
The doctor says it will be a matter of weeks. Is there anything more I need to know or do? This week I had the privilege of saying goodbye to...
Generally Medicare does not cover health care, prescription drugs or dialysis when a person is traveling outside the U.S. There are a few narrow exceptions as noted below, but some...
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