How to avoid probate on real estate

 

In Florida and some other states, you can avoid probate on your home and other real estate using a lady bird deed a/k/a an enhanced life estate deed. You can use this deed even if there is a mortgage on your property.

 
 

Attorney Tom Olsen:  Calvin, you're on News 965. Go ahead.

Calvin: Yes.

Attorney Tom Olsen: Hey, Calvin.

Calvin: Yes, hello.

Attorney Tom Olsen: Hello.

Calvin: Hey, I have a question.

Attorney Tom Olsen: All right.

Calvin: Question is what would it typically cost to do a ladybird deed?

Attorney Tom Olsen: Well, Calvin, if you want to call my office, be happy to quote you a fee for doing a ladybird deed. A ladybird deed also known as an enhanced life estate deed is a tool for avoiding probate on real estate. Here in the state of Florida, it might be your home, it might be your rental property, it might be a commercial property, could be your vacation home. Even if it's got a mortgage on it, you can use a ladybird deed or enhance life estate deed to avoid probate on it. We do have free booklets on it. You want a free booklet on your ladybird deeds, all you have to do is call or text Chrissy, 407-808-8398. You do not need to leave a message, all you have to do is leave your name and mailing address, and we'll get that booklet to you on avoiding probate using a ladybird deed, 407-808-8398.