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lady bird life estate

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southerncharm2@comcast.ne

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Post Posted: Mon May 23, 2011 10:52 am    Post subject: lady bird life estate
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does illinois recognise a lady bird life estate? we have this in florida and a life estate holder with a lady bird estate has all the rights to sell or anything they want to do with the property without consent from remaindermen
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Post Posted: Mon May 23, 2011 11:42 am    Post subject:
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Not sure about your state, but you might get the fastest reply by contacting your local title company and asking them directly. They can also help you prepare the deed and have it recorded.
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Post Posted: Mon May 23, 2011 7:52 pm    Post subject:
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Hi southerncharm,

As far as I know, a ladybird deed is not applicable in the state of Illinois. It is applicable only in states of Florida, Texas, Ohio, California, and Kansas.

Thanks
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