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Mortgage Community Forums | Deeds, Property Transfer and Estate Planning | How does lady bird deed differ from revocable living trust?

How does lady bird deed differ from revocable living trust?

Posted on: 20th Sep, 2007 09:01 am
Difference between Ladybird Deed and Revocable Living Trust can someone please explain the difference between the two in the Sate of Florida?
Welcome rfk,

If the ladybird deed mentions you as the owner of the property, then you will be able to get a mortgage on that property. You won't face any problems in getting a loan.
adonis
Posted on: 02nd Mar, 2011 09:52 pm
We have our home in a revocable trust - can we take this out of the trust and put it into a Lady Bird deed without a lot of trouble?
Anonymous
Posted on: 09th Jun, 2011 07:23 am
Hi Bert,

You will be able to remove your property from a revocable trust and use a ladybird deed to transfer the property to someone else. You should contact an attorney and he will assist you in removing your property from a revocable trust.

Thanks
jameshogg
Posted on: 09th Jun, 2011 10:01 pm
I just want to know if the Lady Bird Deed is good in Alaska
Anonymous
Posted on: 29th Jun, 2011 03:42 pm
Hi Patti!

Welcome to forums!

As far as I know, you cannot use a ladybird deed in Alaska.

Sussane
smith.sussane
Posted on: 29th Jun, 2011 11:32 pm
after granting a ladybird, can one revoke it???
Anonymous
Posted on: 05th Oct, 2012 03:33 pm
Hi SAM,

A query similar to yours has been answered in the given page:
http://www.mortgagefit.com/propertytransfer/about55333.html

Please take a look at it. I hope it will help you.

Thanks
adonis
Posted on: 06th Oct, 2012 01:17 am
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