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This form is a Grant Deed with a retained Enhanced Life Estate where the Grantor is an individual and the Grantees are three individuals. Grantor conveys the property to Grantees subject to an enhanced
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How to fill out lady bird deed:

01
Gather all necessary documents such as the property deed, legal descriptions, and names of all parties involved.
02
Consult with an attorney who specializes in real estate law to ensure the process is done correctly.
03
Complete the appropriate forms provided by your attorney or the county clerk's office.
04
Include the grantor's name, address, and contact information, as well as the grantee's name, address, and contact information.
05
Provide a clear and accurate legal description of the property being transferred.
06
Sign and date the deed in the presence of a notary public or witnessed by two individuals who are not party to the deed.
07
File the completed lady bird deed with the appropriate county clerk's office.

Who needs lady bird deed:

01
Individuals who wish to transfer property while retaining control and use of the property during their lifetime.
02
Those who want to avoid probate and ensure a smooth transfer of property to their chosen beneficiaries upon their death.
03
Elderly or disabled individuals who want to protect their property from Medicaid estate recovery by passing it directly to their heirs outside of probate.
Note: It is important to consult with a qualified attorney to fully understand the specific legal requirements and implications of using a lady bird deed in your jurisdiction.

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A lady bird deed is a type of deed that allows property owners to transfer their property to beneficiaries while retaining certain rights, such as the right to live in the property and sell it without the beneficiaries' consent.
The property owner, commonly referred to as the grantor, is required to file a lady bird deed to ensure that the transfer of property to the beneficiaries is legally recognized.
To fill out a lady bird deed, the property owner must provide their name, the names of the beneficiaries, a legal description of the property, and specific language indicating the retention of rights. It's advisable to consult with an attorney for accuracy.
The purpose of a lady bird deed is to avoid probate, allow for a smooth transfer of property upon the owner's death, and retain control over the property during the owner's lifetime.
The information that must be reported on a lady bird deed includes the names and addresses of the grantor and beneficiaries, a legal description of the property, and the specific terms regarding retained rights.
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