Tampa Life Estate & Lady Bird Deed Attorney
With a Lady Bird Deed, you retain complete control over your property or real estate throughout your lifetime. You can continue to live in, manage, sell, or mortgage the property without seeking permission from the designated beneficiary. Our Tampa life estate & Lady Bird Deed attorney can help provide a level of control that allows you to adapt to changing circumstances, explore financial opportunities, and make decisions that align with your goals.
Enhanced Life Estate: Enjoy the Benefits of Ownership
By retaining a life estate with a Lady Bird Deed, you have the right to occupy and use the property until your death. This means you can continue to enjoy the benefits associated with ownership, such as homestead exemptions and other entitlements. The enhanced life estate ensures that you maintain the utmost comfort and security during your lifetime.
Avoiding Probate: Streamline Property Transfer
One of the significant advantages of a Lady Bird Deed is that upon your passing, the property automatically transfers to the named beneficiary without undergoing the probate process. This efficient transfer saves time and expenses associated with probate proceedings, allowing your loved ones to inherit the property seamlessly and without delay.
Flexibility and Reversibility: Accommodate Changing Circumstances
Until your passing, a Lady Bird Deed can be modified, revoked, or even sold without the beneficiary’s consent. This flexibility allows you to adapt your estate plan to changing circumstances or evolving estate planning goals. However, it’s important to note that while the beneficiary is not required to consent to the sale of the property, closing agencies may require their sign-off for the sale.
Retained Control: Maintain Ownership and Decision-Making Power
Our experienced Tampa Life Estate / Lady Bird Deed attorneys will guide you through the complexities of this unique legal instrument. We ensure that your Lady Bird Deed is properly prepared, executed, and recorded, providing peace of mind knowing that your property is protected and your wishes are respected.
Take control of your property’s future. Contact Knudsen Law today to schedule a consultation with our knowledgeable Life Estate / Lady Bird Deed attorneys in Tampa. Call us at 727.398.3600 or fill out our contact form to get started. Secure your property with confidence.