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Md Fiduciary Deed  Form

Md Fiduciary Deed Form

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Instructions and help about Md Fiduciary Deed

hi this is Greg Jero Estate Planning and elder law attorney with Chesapeake wills and trust in Maryland and before you do a life estate D there a few things that you must consider to determine whether it's right for you and your family number one A Life Estate Deed is not exactly a complete estate plan by that I mean let's say your kids are listed as the remainderman meaning they're the people who can inherit the property after your death if you became sick or disabled and the kids needed to sell the house during your lifetime they wouldn't be able to do it so if needed money the sale of the house to pay for things like long-term care or nursing home care just being listed on the detas a remainderman after your death does not allow them ability to do that number two you need to make sure you understand whether you have retained the powers to yourself to sell the house to mortgage the house during your lifetime we call that a life estate with powers versu

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