To avoid probate on your home Adding your childs name to your deed vs using lady bird deed

Billy: My mom has a house worth about 200,000 and she's 81. She don't have a will but she has nothing else where she lives off her social security.

Attorney Tom Olsen: Billy, I can see your question to me is, should she add your name to the deed? The answer is no. What she should do is what's called a Lady Bird Deed. It's a deed that we would prepare, it would state that as long as your mom is alive, it would be her home to do with as she pleases. Upon her death, that home will automatically go to you, no headaches, no hassles, no probate. Lady Bird Deed is a tool to avoid probate on real estate here in Florida.

It can be your home, your rental property, your commercial property, or vacant land. We can use it even--We're going to pound you down. Hey, Josh, let's pound down, please. It can be used even if there's a mortgage on your property. Billy, good news is we have a free booklet. Hey Josh, Can you pound him down, please?

Billy: There's no money or hold the house. It's free and clear.

Tom: I get it. We have a free booklet on Lady Bird Deed. Billy, if you call the Olsen Law Group in Orlando at 407-423-5561, we'll get that free booklet in the mail to you on Lady Bird Deeds and easy ways to avoid probate. You can also get that book up by going through our website and that is olsenlawgroup.com. Billy, you're on the right track to avoid probate but it's not adding your name. It is doing it via a Lady Bird Deed.

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