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We often get the question, is it better to utilize a ladybird deed? Or vocable living trust when figuring out how to dispose of my real estate after I pass away? And its a really good question, the simple answer is a revocable living trust is going to give you more options and more flexibility. Let me explain why. With a ladybird deed, essentially, youre saying, I am deeding this property to myself, and if I can rent it, I can sell it, do whatever I want. But if I dont do any of those things, then here are the people who should inherit my property after I pass away. That could be one or more typically children, but it really could be anybody. And the only problem with that is what happens if one of those people pre decease you. Right? So you pass away and you havent made a change to your ladybird deed, you now have a portion of your real estate that is supposed to go to someone who has is now deceased. And now that persons estate has to be opened up to figure out what to do with t