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If a ladybird deed is in place on my home and a power of att

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Icon Mini Profile trose





Joined: 14 Jan 2009

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Post Posted: Wed Jan 14, 2009 6:07 pm    Post subject: If a ladybird deed is in place on my home and a power of att
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If a ladybird deed is in place on my home and a power of attorney is in place (who is in this case t...can the ladybird deed be revoked at any time? I know the power of attorney can be changed. I am thinking of getting Lady bird deed.
Icon Mini Profile jameshogg
jameshogg




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Post Posted: Wed Jan 14, 2009 9:08 pm    Post subject:
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Hi trose,

Lady bird deed is also known as an enhanced life estate deed with which you can be able to transfer property to your heirs and at the same time retain a life estate along with the right to sell property in your lifetime. Moreover, yes, the grantor retains the right to revoke the deed at any time. To know more about ladybird deed, check out the given link:
http://www.mortgagefit.com/know-how/ladybirddeed.html

Thanks
janie hutto

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Post Posted: Mon Dec 20, 2010 11:26 pm    Post subject: lady bird deed
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can i be sued by brothers as my mother made me the grantee for her lady bird deed for taking care of her she is still living an d now in nursing home was not in nursing when she made the deed 4 years ago. they sued me a month later. and lawsuit continues and i have paid 30,000 dooas to lawyers
Icon Mini Profile jameshogg
jameshogg




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Post Posted: Tue Dec 21, 2010 10:50 pm    Post subject:
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Hi janie,

Your query has been replied to in the given page:
http://www.mortgagefit.com/know-how/ladybirddeed-13.html#195624

Take a look at it. Hope it helps you.

Thanks
FRANSIS

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Post Posted: Wed Mar 09, 2011 8:42 am    Post subject: will
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DO YOU NEED A WILL,WITH A LADYBIRD DEED?
THANK YOU
Icon Mini Profile adonis
adonis




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Post Posted: Wed Mar 09, 2011 10:18 pm    Post subject:
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Hi FRANSIS,

It is not mandatory to have a will with a ladybird deed. The property deed will help you in transferring your property to someone else.

_________________
Procrastination is the enemy of your financial success
cirwin

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Post Posted: Wed Jun 29, 2011 9:56 am    Post subject: LADY BIRD DEED
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MY mother has the lady Bird deed on her home now but what happens if she is placed in a nursing home or assisted living what happens to the house and will medicare pay at all ?
Icon Mini Profile smithsussane
smith.sussane




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Post Posted: Wed Jun 29, 2011 11:23 pm    Post subject:
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Hi cirwin!

Welcome to forums!

Check out the given page in order to know in this regard:
http://www.mortgagefit.com/texas/ladybirddeed-medicaid.html

Feel free to ask if you've further queries.

Sussane
Lady Linda

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Post Posted: Wed Oct 05, 2011 8:24 am    Post subject: Lady Bird Deed
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Can a Lady Bird Deed be executed by Power of Attorney?
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

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Location: Alaska
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Post Posted: Wed Oct 05, 2011 10:46 pm    Post subject:
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Hi Lady Linda!

Welcome to forums!

As far as I know, you can use the power of attorney in order to execute the ladybird deed. You can contact your real estate attorney and he will help you further in this matter.

Feel free to ask if you've further queries.

Sussane
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