A Florida Lady Bird Deed (also called an Enhanced Life Estate Deed) is a deed that lets you choose who receives your home after you pass away, while you keep full ownership and control during your lifetime.
A Florida Lady Bird Deed helps transfer real estate to your chosen beneficiary at death without probate, while still letting you sell, refinance, or change beneficiaries anytime while you are alive.
The biggest benefits of a Florida Lady Bird Deed are avoiding probate for the property, keeping full control during life, and reducing delays and costs that often come with court involvement after death.
With a Florida Lady Bird Deed, the beneficiary typically completes the transfer by recording the death certificate in the county where the property is located, which usually avoids a probate transfer for that property.
Yes. A Florida Lady Bird Deed is designed to be revocable, which means you can update beneficiaries, replace the deed, or revoke it entirely as long as you still own the property.
A Florida Lady Bird Deed typically does not remove homestead benefits just because it is recorded, since the owner keeps full rights during life. Property tax rules can vary by county and situation, so it is smart to confirm with your local property appraiser or a tax professional.
Whether a Florida Lady Bird Deed is a good fit depends on how the property is titled and who owns it. Some situations, such as ownership through an LLC or certain co-ownership setups, may require a different option.
A Florida Lady Bird Deed is commonly used as part of planning to reduce the risk of Medicaid Estate Recovery against a home. Because Medicaid rules are fact-specific, it is best to get guidance if Medicaid planning is part of your goal.
Yes. Many homeowners complete a Florida Lady Bird Deed through Remote Online Notarization, and many Florida counties accept electronic recording. After recording, you typically receive the recorded deed with the official county recording details.