Fl enhanced life 2025

See details

4.7 out of 5

56 votes

The document is a guide for completing a Florida Enhanced Life Estate Deed, also known as a 'Lady Bird Deed,' which allows property to be transferred to two individuals (husband and wife) while retaining certain rights for the grantor. It outlines how property can be held by grantees, including options like Tenants in Common, Joint Tenants with Right of Survivorship, and Tenants by the Entirety. The document includes tips for using form fields in digital formats, legal disclaimers regarding the use of the forms, and sections for entering grantor and grantee information along with legal descriptions of the property.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out FL Enhanced Life Estate Deed

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open it in the editor.
Begin by entering the Grantor's name and address in the designated fields. Ensure accuracy as this information is crucial for legal purposes.
Next, specify the Grantees' names and addresses. If there are multiple Grantees, make sure to include all relevant details.
Indicate how the Grantees will hold the property by selecting from options such as Tenants in Common, Joint Tenants with Right of Survivorship, or Tenants by the Entirety. This choice affects ownership rights.
Fill in the legal description of the property in Exhibit A. This section should accurately reflect the property's location and boundaries.
Complete any additional sections regarding reservations and limitations to conveyance, ensuring you understand each clause before finalizing.
Finally, have witnesses sign where indicated and ensure that a Notary Public acknowledges the document to validate it legally.

Start using our platform today to easily complete your FL Enhanced Life Estate Deed for free!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the difference between a life estate and an enhanced life estate in Florida?

In Florida, an enhanced life estate is a court created mechanism that is a variation of a standard life estate, with the key difference being that additional, enhanced powers are granted to the life tenant (the owner of the life estate).

Does a ladybird deed avoid inheritance tax?

0:04 4:19 If any inheritance. Tax are owed but the good news is at least here in Florida. There isnt a stateMoreIf any inheritance. Tax are owed but the good news is at least here in Florida. There isnt a state inheritance tax so the state itself doesnt charge an inheritance.

What is the disadvantage of a lady bird deed in Florida?

The main disadvantage of a lady bird deed in Florida is its limited protection against creditors during the owners lifetime. Additionally, title insurance or financing may be more challenging to secure. It also requires careful planning to avoid unintended Medicaid consequences or disputes among beneficiaries.

What is an enhanced life estate in Florida?

Q: What is an Enhanced Life Estate deed? A. This type of deed that transfers property to a grantee while the grantor (you) retains the ability to live on said property for the rest of his or her life.

What are the disadvantages of a life estate deed?

An example of an Enhanced Life Estate Deed is when a parent leaves their property to their child within this deed, allowing them to skip probate court and have ownership transferred to their name after the death of their parent. Trust Will now offers probate help.