---

can I get a copy of a ladybird deed for my mothers house to

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
charrush2003 Joined: 08 Jul 2008 Posts: 1 1.66 Dollars($)	Posted: Tue Jul 08, 2008 10:58 am    Post subject: can I get a copy of a ladybird deed for my mothers house to Like 0 Dislike 0 can I get a copy of a ladybird deed for my mothers house to mine name? I need a copy of ladybird deed or explain what it is?
larry Joined: 27 Jun 2007 Posts: 3322 474.67 Dollars($)	Posted: Tue Jul 08, 2008 11:53 pm    Post subject: Like 0 Dislike 0 Hi charrush. Welcome to the forum. A ladybird deed usually used to transfer property. But even after signing the ladybird deed the grantee will remain the owner until his death. After the grantee's death the grantor can get the ownership even without probate. Know more about ladybird deed at http://www.mortgagefit.com/know-how/ladybirddeed.html#lifeestate Hope it helps. Feel free to ask if you have any further questions.
rita2 Joined: 23 Apr 2010 Posts: 286 51.03 Dollars($)	Posted: Tue May 04, 2010 6:38 am    Post subject: Like 0 Dislike 0 Hi charrush. A ladybird deed is a nick name of an enhanced life estate deed. It is a legal document using which you can transfer the property to your heirs name at the same time retaining a life estate along with the right to sell the property. This means that the person owns the property till the time he dies and can sell the property without notifying the beneficiaries. And after death the beneficiaries named on the deed will be able to take over the property without having to go through probate.
vickib Guest	Posted: Mon May 24, 2010 6:34 am    Post subject: life estate Like 0 Dislike 0 my mother and i bought a house together for her to live in. we want to avoid issues with my siblings so she quit claimed it to me. now taxes went up. if i grant a life estate back to her does that protect me legally as owner when she passes away?
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Tue May 25, 2010 12:51 am    Post subject: Like 0 Dislike 0 Hi vickib! Welcome to forums! You can add a life estate clause in your property deed and give your mother the rights to stay in the property. After she passes away, the life estate clause will become null and void and you will become the sole owner of the property. Feel free to ask if you've further queries. Sussane
mike l Guest	Posted: Tue Jun 01, 2010 6:56 pm    Post subject: lady bird deed in Texas Like 0 Dislike 0 mother is in a home on medicaid,i the son on deed @her death.can i rent her home out for my income,my lawer says medcaid will not allow it,is that right???? If his right,any way to do so, its just sitting...TKS
Niicss Joined: 03 Oct 2005 Posts: 4834 Location: New Jersey 508.88 Dollars($)	Posted: Wed Jun 02, 2010 2:13 am    Post subject: Like 0 Dislike 0 Medicaid can go for an estate recovery and may not allow you to rent your home. I don't think there is any way to rent the property.
josephine Guest	Posted: Tue Jun 29, 2010 8:00 am    Post subject: ladybird deed Like 0 Dislike 0 is ladybird deed available in nc
jerry Moderator Joined: 17 Oct 2005 Posts: 2708 Location: MICHIGAN 429.63 Dollars($)	Posted: Wed Jun 30, 2010 2:03 am    Post subject: Like 0 Dislike 0 Hi josephine, As far as I know, ladybird deed is not used in North Carolina (NC). It is legal in Ohio, California, Florida, Texas, and Kansas. Thanks, Jerry
sunshine Guest	Posted: Sat Aug 07, 2010 7:03 pm    Post subject: Like 0 Dislike 0 my mother is in a nursing home and is on medicaid...she has a mortgage in which i and my small child live in the home...does the ladybird deed help me to stay in the home and continue to pay the mortgage..or is it true i have to leave the home bottom line
Niicss Joined: 03 Oct 2005 Posts: 4834 Location: New Jersey 508.88 Dollars($)	Posted: Mon Aug 09, 2010 4:02 am    Post subject: Like 0 Dislike 0 Your mother can use a ladybird deed in order to transfer the property to you. This won't make her ineligible for the Medicaid benefits. However, you will have to stay in the property and pay the mortgage dues on time. _________________ Good is the Enemy of Great.
Annoymous Guest	Posted: Thu Aug 19, 2010 9:54 am    Post subject: wills Like 0 Dislike 0 my mother just resently passed away. My question is there are three sisters and a sister that is legally adopted where there is no birth certificate stating she is our sister. At the time of my mothers last days she aknowledged this daughter as hers in front of family members.we ourselves knew she was blood related. Does she have rights to our inheirtances. My oldest sister is named the only heir in the will
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Fri Aug 20, 2010 1:09 am    Post subject: Like 0 Dislike 0 Welcome Annoymous, If the oldest sister is named in the will as the heir to the property, then she would be able to claim the whole property. None of the other sisters can claim ownership of the property. _________________ Procrastination is the enemy of your financial success
Betty Guest	Posted: Wed Sep 01, 2010 9:35 am    Post subject: nursing home Like 0 Dislike 0 I am facing putting my Mom in a nursing home. I have heard horror stories about nursing homes taking a person's bank account and having to sign over their homes. Would a ladybird deed keep the nursing home from taking the house?
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Thu Sep 02, 2010 2:36 am    Post subject: Like 0 Dislike 0 Hi Betty! Welcome to forums! Your mother can sign a ladybird deed and transfer the property to you. It won't affect your mother's chances of qualifying for Medicaid. Moreover, the nursing home cannot come after the property. However, you will have to stay in the property. Feel free to ask if you've further queries. Sussane

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

1, 2  Next

Page 1 of 2

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0