This is a Basic Lady Bird Deed. A Lady Bird Deed is a transfer of property to another with a reservation of a life estate. Meaning a person can transfer property and retain ownership in that property until death, at which point it will then transfer to the other.
If you become incapacitated, the Lady Bird Deed ensures that your chosen beneficiaries can inherit the property without dealing with probate, making the process a lot easier for everyone.
You're in the driver's seat! You can sell your home any time, and the Lady Bird Deed won't stand in your way.
While it’s a good idea to have a lawyer give it the once-over, you can create a Lady Bird Deed on your own if you’re comfortable with the process.
Nope! While it's popular among homeowners, anyone in Bakersfield can use a Lady Bird Deed for real estate they own, not just houses.
Absolutely! You can change or even revoke a Lady Bird Deed anytime while you're still kicking. It’s all about what works best for you.
In Bakersfield, a Lady Bird Deed lets you pass your property directly to your beneficiaries when you pass away, avoiding probate and keeping things smooth for your loved ones.
A Lady Bird Deed is a special type of property deed that allows you to transfer your home to someone else while still keeping control of it during your lifetime.