When real estate has to pass through probate in order to be administered to an heir or heirs, it can cause major headaches for those involved. With the proper planning, our attorneys can ensure that your property remains exempt from probate and can be transferred directly to your loved ones upon your death.
At the Law Office of Cheryl Bucker, P.A., our attorneys often encourage clients to consider using enhanced life estate deeds — also known as ladybird deeds — as part of their estate plans to protect their property from probate. We have experience assisting clients in Lauderdale-by-the-Sea, Lighthouse Point, Pompano Beach and other nearby towns.
What Is A Ladybird Deed?
A Ladybird deed not only gives you the right to live in your property and pass it directly and automatically to your beneficiaries upon death, it also allows you to maintain total control of the property while you are alive — something other deeds do not. That means you can sell it or profit from it if you choose to do so. Other benefits of the Ladybird deed include:
- Avoiding the federal gift tax
- Avoiding the lengthy probate process
- Direct transfer to your beneficiary upon your death
How We Can Help
In order for a Ladybird deed to work as intended, the document must be properly drafted. If a mistake is made, the deed will not hold up, and probate will still be required. Our lawyers have more than 30 years of combined experience advising Florida residents on estate planning matters. We can help you determine whether the Ladybird deed is right for you.
We Offer Complimentary Consultations
To discuss how our attorneys can help your loved ones avoid probate through the use of a Ladybird deed, schedule your free initial consultation with one of our estate planning lawyers. Please call 954-773-8983 or toll-free 888-392-5781. You may also contact us online.