Life Estate Deed Florida at Life

Life Estate Deed Florida. The enhanced life estate is the key and distinguishing feature of lady bird deed. The party giving up the property has no more interest in it or responsibility for it.

What is a life estate? However, you can deal with this issue in the deed. The enhanced life estate is the key and distinguishing feature of lady bird deed.

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This form is a life estate release deed where the grantor is an individual life tenant and the grantee is a trust. The person who has a life estate is most commonly referred to as the life tenant. Learn how this deed works and how marina title can help you incorporate it into your estate plan. If you don’t live in one of the five states where enhanced life estate deeds are recognized, but you need the protection it provides, consider a beneficiary deed — also called a transfer on death deed.