If a ladybird deed is in place on my home and a power of att

Hi trose,

Lady bird deed is also known as an enhanced life estate deed with which you can be able to transfer property to your heirs and at the same time retain a life estate along with the right to sell property in your lifetime. Moreover, yes, the grantor retains the right to revoke the deed at any time. To know more about ladybird deed, check out the given link:
http://www.mortgagefit.com/know-how/ladybirddeed.html

Thanks

can i be sued by brothers as my mother made me the grantee for her lady bird deed for taking care of her she is still living an d now in nursing home was not in nursing when she made the deed 4 years ago. they sued me a month later. and lawsuit continues and i have paid 30,000 dooas to lawyers

Hi janie,

Your query has been replied to in the given page:
http://www.mortgagefit.com/know-how/ladybirddeed-13.html#195624

Take a look at it. Hope it helps you.

Thanks

DO YOU NEED A WILL,WITH A LADYBIRD DEED?
THANK YOU

Hi FRANSIS,

It is not mandatory to have a will with a ladybird deed. The property deed will help you in transferring your property to someone else.

MY mother has the lady Bird deed on her home now but what happens if she is placed in a nursing home or assisted living what happens to the house and will medicare pay at all ?

Hi cirwin!

Welcome to forums!

Check out the given page in order to know in this regard:
http://www.mortgagefit.com/texas/ladybirddeed-medicaid.html

Feel free to ask if you've further queries.

Sussane

Can a Lady Bird Deed be executed by Power of Attorney?

Hi Lady Linda!

Welcome to forums!

As far as I know, you can use the power of attorney in order to execute the ladybird deed. You can contact your real estate attorney and he will help you further in this matter.

Feel free to ask if you've further queries.

Sussane