Enhanced Life Estate Deed Florida: A Complete Guide to the Lady Bird Deed
An Enhanced Life Estate Deed in Florida , commonly known as a Lady Bird Deed , is a powerful estate planning tool that allows property owners to transfer real estate to beneficiaries while retaining full control during their lifetime. This legal instrument Florida lady bird deed helps avoid probate, simplifies asset transfer, and provides flexibility that traditional life estate deeds do not offer. Understanding how an enhanced life estate deed works in Florida can help property owners make informed decisions about protecting their home and ensuring a smooth inheritance process. What Is an Enhanced Life Estate Deed? An enhanced life estate deed is a special type of life estate deed that allows the property owner (the “life tenant”) to keep complete control over the property during their lifetime. Unlike a traditional life estate, the owner can sell, mortgage, lease, or even revoke the deed without needing permission from the remainder beneficiaries. In Florida, this...