One of the hardest decisions a homeowner has to make is what will happen to their house when they die. Most are eager to leave their assets to their family—and hopefully with as much ease as possible ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Q: Can you explain a "Lady Bird" deed? Can title to a house transfer under such a deed without going through probate? A: Lady Bird deeds (also called "enhanced life estate deeds") are often used when ...

1) the property owner (grantor) retains life estate while granting to someone else (grantee) the remainder interest, and 2) the grantor retains the legal right to rescind the remainder interest to ...

Q: I own a home that my sister and her husband live in, and I claim the homestead exemption on my primary residence. I was told by a real estate title expert that if I sign a revocable life estate ...

The life estate technique can work to preserve family property in a similar manner; however it lacks the features of protection from creditors provided by ownership in a trust. Future possible ...

Dear Monty: My mom put her house in my name and kept a life estate on it. She moved out several years later into an assisted living facility. She now claims the house still belongs to her. Did her ...