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What is getting a lady bird?
Getting a lady bird refers to transferring assets to a beneficiary outside of the probate process by using a lady bird deed.
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Individuals who wish to protect their assets from probate and ensure a smooth transfer to their chosen beneficiary are required to file a lady bird deed.
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The purpose of getting a lady bird deed is to avoid probate, provide flexibility in estate planning, and ensure a quick transfer of assets to the chosen beneficiary.
What information must be reported on getting a lady bird?
The lady bird deed must include information about the property being transferred, the beneficiary, and the specific terms of transfer agreed upon by the parties involved.
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