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Enhanced Life Estate or Lady Bird Deed Individual to Two Individuals Husband and Wife Michigan Form

Enhanced Life Estate or Lady Bird Deed Individual to Two Individuals Husband and Wife Michigan Form

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hi guys Jonathan Daly here and I'm here to talk to you about Enhanced Life Estate Deeds or ladybird Deeds an Enhanced Life Estate Deed can really help someone with their estate planning because of its Simplicity and low pricing is typically lawyers can handle these for 1,000 bucks or less Enhanced Life Estate Deeds have the pros of allowing the gror or the owner of the property to go ahead and reserve a life of State in the deed but essentially you're deeding the title over to your heirs you're able to avoid probate in the situation and any cost taxes associated with probate so that when at you're passing your life estate is gone and your property is now in the name of The Heirs no probate no attorneys no judge involved other tax implications could allow you to exclude your estate for Medicaid purposes so again these Enhanced Life Estate deeds and ladyb Bird deeds have their Pros they're simple they're quick they're low cost and t

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