Planning the future of your Florida property Get Lady Bird Deed Florida is simple with a Lady Bird Deed, also known as an enhanced life estate deed. This deed allows homeowners to maintain control over their property while ensuring it transfers automatically to chosen beneficiaries after death.
What is a Lady Bird Deed?
A Lady Bird Deed is a Florida-specific estate planning tool that lets property owners transfer real estate to beneficiaries automatically upon their death. Unlike traditional life estate deeds, it allows owners to retain full rights to sell, mortgage, or manage the property at any time.
Benefits of a Lady Bird Deed
Avoid Probate: Property passes directly to beneficiaries without court involvement.
Maintain Full Control: Owners can continue to use, sell, or refinance the property.
Flexible Beneficiaries: Add, remove, or change beneficiaries as needed.
Medicaid Planning: May protect property from certain Medicaid estate recovery rules.
How to Get a Lady Bird Deed in Florida
Consult a Florida Attorney: Ensure your deed is properly drafted and legally valid.
Prepare the Deed: Clearly state it is an enhanced life estate deed and name the beneficiaries.
Sign and Notarize: Required under Florida law for legal effectiveness.
Record with the County: Submit the deed at the property records office in your county.
Lady Bird Deed vs. Traditional Life Estate Deed
The Lady Bird Deed provides more flexibility and control than a standard life estate deed. Owners can sell, mortgage, or modify the property without needing the consent of beneficiaries, making it a preferred choice in Florida estate planning.
Who Should Consider a Lady Bird Deed?
Homeowners seeking to simplify property transfer
Individuals aiming to avoid probate court delays
Families focused on Medicaid planning and property protection
Property owners who want full control and flexibility until death
Important Considerations
Only valid for real estate in Florida.
Must be carefully drafted and recorded to avoid disputes.
Beneficiaries gain ownership only after the owner’s death.
Works best when combined with a comprehensive estate plan.
Conclusion
A Lady Bird Deed in Florida ensures your property is transferred according to your wishes while allowing you to retain full control during your lifetime. With proper legal guidance, it offers peace of mind, avoids probate, and protects your legacy for your beneficiaries.