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Yes, a ladybird deed does generally take precedence over a will. This is because the property designated in the deed will automatically go to the beneficiaries upon your death, bypassing the probate process entirely. Therefore, it's a powerful tool for ensuring your wishes are fulfilled promptly, fitting well into your strategy as an enhanced life individual for the future.
A ladybird deed typically does not avoid capital gains tax completely, since the tax may still apply if the property appreciates in value. However, since the property is passed directly to heirs without going through probate, they might benefit from a step-up in basis. This can potentially minimize capital gains taxes when they later sell the property, thus supporting an enhanced life individual for the future.