What is a Lady Bird Deed?
A Florida Enhanced Life Estate Deed, more commonly referred to as a Lady Bird Deed or Ladybird Deed, is a special type of life estate deed used to automatically transfer ownership of a property to another person(s) [referred to as the remainder beneficiaries] upon the owner’s death without the need for probate.
Just as importantly, recording a Lady Bird Deed does not interfere with the owner’s control over the property. For example, the owner retains the freedom to sell or mortgage the property without involving the remainder beneficiaries. This, “retained control”, means that your remainder beneficiaries have no decision-making authority over your property while you are still alive.
How Much Does it Cost?
We charge $60 to prepare, print, and deliver your Florida Lady Bird Deed. This price includes two witnesses, your Notary Public services, and a postage paid envelope for the county to return your recorded deed. If you include a Lady Bird Deed with the preparation of a Last Will and Testament, we will lower the price to $50. This price does not include the county recording fee. If you live too far away to visit our Daytona Beach office, we’ll deliver your completed deed by email and/or USPS Priority Mail with filing instructions.
Can I Change My Mind?
Yes. Because the life estate retained by the original owner(s) (the life tenant(s)) is “enhanced”, he or she can change their mind without the consent of the remainder beneficiaries.
How Does the Property Pass to My Beneficiaries When I Die?
The property passes automatically to your remainder beneficiaries by operation of law. In other words, “it just happens.” This eliminates the need to probate the property described in the deed just to transfer title. This benefit alone is probably why a Florida Enhanced Life Estate Deed is so popular. It allows you to give property to your loved ones without burdening them with the hassles of additional probate.
I Have Legal Questions. Can You Help?
No. We are a document preparation company, not a law firm. None of us are lawyers, and we’re not qualified to give you legal advice about your decision to execute an Enhanced Life Estate (Ladybird) Deed. If you have questions that can’t be answered with the publicly available information presented here, you are encouraged to consult with a licensed Florida attorney who is experienced in probate and estate planning matters. After you’ve done your research and due diligence, and you’ve decided that an Enhanced Life Estate Deed is right for you, we’d be happy to prepare it at an affordable cost.
I’ve Seen Lots of Websites Advertising Deeds. Why are you better?
We’re sure you have. There are dozens of out-of-state websites offering automated deed preparation and downloads. These sites also offer forms for Wills, Trusts, Divorces, and mot everything else you can imagine. That being said, you should know that we help dozens of customers each year who have wasted money on automated form generation websites only to hire us to retype the mess that they received. Remember what Benjamin Franklin said: The bitterness of poor quality remains long after the sweetness of low price is forgotten. Read more about why we’re a different kind of company.
Your office is too far for me to travel. Can You Still Prepare my Lady Bird Deed?
Sure. Although you’ll have to provide your own witnesses and notary, we’ll mail you your completed deed via USPS Priority Mail (with tracking) and also provide a copy via email. You can also bundle this with a Will and Power of Attorney documents to save money.
How Do I Get Started?
It’s simple. Press the green button below, and you’ll be directed to our online questionnaire. After you answer a few easy questions, click “submit”, and we’ll be notified immediately by email and will be in contact with you shortly thereafter.