Lady bird deed

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PostPosted: Sat Jun 27, 2009 11:31 pm    Post subject: Lady bird deed

Is a Lady bird deed legal in AZ?
Icon Mini Profile smithsussane
smith.sussane



Joined: 18 Sep 2008

Posts: 3738
Location: Alaska
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PostPosted: Sun Jun 28, 2009 11:42 pm    Post subject:

Hi Guest!

Welcome to forums!

As far as I know, Ladybird deed is valid in Florida, Texas, Ohio, California, and Kansas. To know more about ladybird deed, check out the following page:
http://www.mortgagefit.com/know-how/ladybirddeed.html

Feel free to ask if you've further queries.

Sussane
Icon Mini Profile gunzijjistaff
gunz.ijjistaff



Joined: 07 Apr 2009

Posts: 459

7.03 Dollars($)
PostPosted: Mon Jun 29, 2009 4:38 am    Post subject:

Hi,

Welcome to our forum.

The deed that you can transfer the property to your beneficiaries while @ a time retaining a life estate during with the right to sell property in your lifetime.That means you will be still owner from signing to death. If you wish to sellout the property then you can sell without heirs permission or agreement. That means you will be also owner with your heirs.

In Simple word, This deed allow you to be owner after transferring property to beneficiary & you have primary author of property along you alive.

This deed is important because i will secure your feature.

Thanks & Regards.

gunz.ijjistaff. Very Happy
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