theonlinelawyer.blogspot.com
Avoid Probate: Top Five Things People Regret at the End of Their Lives
http://theonlinelawyer.blogspot.com/2013/07/top-five-things-people-regret-at-end-of.html
Top Five Things People Regret at the End of Their Lives. Spells out the Top Five things people regret having done or not done when they come to the end of their lives. The article is based on answers to questions an end of life nurse has posed to her patients over the years. The list includes:. 1 Having been too concerned with what others wanted them to be and not what they wanted to be. Leaving dreams unfulfilled. 2 Spending too much time at work. 3 Not expressing their feelings enough.
theonlinelawyer.blogspot.com
Avoid Probate: What is a Life Estate Deed?
http://theonlinelawyer.blogspot.com/2011/11/what-is-life-estate-deed.html
What is a Life Estate Deed? A Life Estate Deed is a document that grants ownership of a parcel of real property to two separate parties: (1) the Life Tenant, and (2) the Remainderman. Transferring a Life Estate. A Life Estate may be transferred from the Life Tenant to any other person. However, the person to whom the Life Estate is transferred takes ownership subject to the same conditions as the original Life Tenant. This is so even if the person is unaware of the Life Estate. A Life Estate is different...
theonlinelawyer.blogspot.com
Avoid Probate: Special Warranty Deed
http://theonlinelawyer.blogspot.com/2012/02/special-warranty-deed.html
Special Warranty Deed Protects Seller. What makes a Special Warranty Deed. Different from a General Warranty Deed. In short, a Special Warranty Deed adds a measure of protection for the seller that a General Warranty Deed does not. When you purchase property and the seller transfers title to you in the form of a Special Warranty Deed, the seller is esentially saying that he will guarantee (or warrant) that nothing has happened to cloud the title to the property. While he has owned it. For more informatio...
theonlinelawyer.blogspot.com
Avoid Probate: Transfer on Death Deed to Avoid Probate
http://theonlinelawyer.blogspot.com/2006/09/revocable-transfer-on-death-deed-tod.html
Transfer on Death Deed to Avoid Probate. Transfer on Death Deed. Thinking about updating your Will. You may consider removing real estate (to avoid probate) by executing a Revocable Transfer on Death Deed (TOD) instead. Simpler to create than a Trust. A Transfer on Death Deed is similar to the Enhanced Life Estate Deed and is valid in Missouri, Kansas, Ohio, Arizona, New Mexico, Nevada, Colorado, Arkansas or Wisconsin. A TOD is a real estate deed. How a TOD Works. 3) The transferor's Will does not affect...
theonlinelawyer.blogspot.com
Avoid Probate: Joint Tenancy with Right of Survivorship
http://theonlinelawyer.blogspot.com/2006/10/joint-tenancy-with-right-of.html
Joint Tenancy with Right of Survivorship. What is Joint Tenancy with Right of Survivorship? Pros of the Joint Tenancy with Right of Survivorship. Cons of the Joint Tenancy with Right of Survivorship. Deed is Irrevocable and the transfer is taxable as a gift at the time the deed is executed. Also, during the life of the tenancy, the creditors of both tenants can reach the tenants' share of the property. Before executing a Joint Tenancy with Right of Survivorship, check out these articles:. The Difference ...
theonlinelawyer.blogspot.com
Avoid Probate: Enhanced Life Estate Deed, Ladybird Deed
http://theonlinelawyer.blogspot.com/2006/06/estate-planning-and-enhanced-life.html
Enhanced Life Estate Deed, Ladybird Deed. Put her home (her only asset. Of real monetary value) into the trust and then manage the trust until she passes away. She brought the matter to me as she does with all of her legal concerns. I advised her that a simpler way for her to handle the matter might be to execute an "Enhanced Life Estate Deed" also known as the "Lady Bird Deed" (named in honor of former First Lady, Ladybird Johnson) or a " Transfer on Death Deed. What is an Enhanced Life Estate Deed?
theonlinelawyer.blogspot.com
Avoid Probate: Estate Planning: Lady Bird Deed
http://theonlinelawyer.blogspot.com/2011/11/estate-planning-lady-bird-deed.html
Estate Planning: Lady Bird Deed. The term "Lady Bird Deed" is a nickname given to the Enhanced Life Estate Deed. Which is used to convey property to your heirs outside of probate. The nickname "Lady Bird" was given to the deed after President Lyndon B. Johnson allegedly used this type of deed to convey some of his real property to his wife Lady Bird. So why would President Johnson use this type of deed? Lady Bird Deed Features. The Lady Bird Deed is a variation of the quit claim. Texas Enhanced Life Esta...
theonlinelawyer.blogspot.com
Avoid Probate: Why Do I Need an Advance Healthcare Directive?
http://theonlinelawyer.blogspot.com/2013/08/why-do-i-need-advance-healthcare.html
Why Do I Need an Advance Healthcare Directive? Right now you are the person in charge of deciding what type of medical care you receive. Well, you and your insurance company. But what will happen if (and likely when) you are no longer able to make medical decisions for yourself. That day may be twenty years from now, OR it could be tomorrow. Terry Lynn Shiavo Case Revisited. Make Your “End of Life” Medical Care Wishes Legally Binding. Complete Your Advance Healthcare Directive Now. Also, right now you ca...
theonlinelawyer.blogspot.com
Avoid Probate: Enhanced Life Estate Deed a/k/a Lady Bird Deed
http://theonlinelawyer.blogspot.com/2007/09/enhanced-life-estate-deed-aka-lady-bird.html
Enhanced Life Estate Deed a/k/a Lady Bird Deed. Of real monetary value) into the trust and then manage the trust until she passes away. She brought the matter to me as she does with all of her legal concerns. I advised her that a simpler way for her to handle the matter might be to execute an "Enhanced Life Estate Deed" also known as the "Lady Bird Deed" (named in honor of former First Lady, Ladybird Johnson) or a "Transfer on Death Deed.". What is an Enhanced Life Estate Deed? 1) bypassing probate;.
theonlinelawyer.blogspot.com
Avoid Probate: The Difference Between the Enhanced Life Estate Deed, Warranty Deed and Quitclaim Deed
http://theonlinelawyer.blogspot.com/2006/07/difference-between-enhanced-life.html
The Difference Between the Enhanced Life Estate Deed, Warranty Deed and Quitclaim Deed. On June 19, I wrote an article explaining the benefits of the Enhanced Life Estate Deed. The article has quickly become one of my most popular reads. Professor Gerry W. Beyer of the Texas Tech University School of Law commented on my article in his post titled Lady Bird Deed. Other estate planning lawyers and professors have e-mailed me extolling the benefits of the Enhanced Life Estate Deed. Enhanced Life Estate Deed.
