Posted on: 21st Oct, 2010 08:47 am
Having full POA for my father in Florida, would it be legal to draw up a LB deed for his house, transfering ownership to myself, a brother and a sister?
Thanks
Thanks
Hi Guest,
Rather than going for a ladybird deed, you can use a quitclaim deed or a warranty deed to get the property transferred in your name.
Rather than going for a ladybird deed, you can use a quitclaim deed or a warranty deed to get the property transferred in your name.
My aunt has been in a nursing home in MI for 6 yrs, dementia, with the help of Medicaid. My cousin has POA, could he have a LB deed drawn up on her property to protect it from MI estate recovery? Thanks.
Hi lardie!
Welcome to forums!
As your cousin has the POA, he can draw up a ladybird deed to protect the property. But he will have to contact a real estate attorney and check out if ladybird deed is legal in the state.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
As your cousin has the POA, he can draw up a ladybird deed to protect the property. But he will have to contact a real estate attorney and check out if ladybird deed is legal in the state.
Feel free to ask if you've further queries.
Sussane