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Lady Bird Law. 1002 likes 4 talking about this 5 were here. A lady bird deed also called an enhanced life estate deed is a type of American legal document that defines the rights of a property owner and heirs to the property.
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LadyBird Law Conveyancing Ipswich Queensland. It is named after Lady Bird Johnson because allegedly President Johnson once used this type of deed to convey some land to Lady Bird. A Lady Bird Deed can be revoked by the grantor either by filing a revocation document or by filing a subsequent conflicting Lady Bird Deed.
An enhanced life estate deed is a variation of a quitclaim deed that currently enables an individual to.
But unlike a regular life estate a Lady Bird deed gives you the power to retain control of the property during your life including the right to use the property for profit or to sell the property. A lady bird deed also known as an enhanced life estate deed is a special type of life estate deed that gives the owner extended control over the property until they become deceased. Lady Bird Deed Law and Legal Definition. Medicaid and estate planning in Florida are complicated areas of the law so it is a good idea to consult with an experienced attorney before attempting an.
