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A properly drafted lady bird deed will pass your home to your heirs without having to go through probate. Probate is a court supervised process used to transfer title of your assets to your heirs. Probate is very time consuming and can cost your heirs thousands of dollars in legal fees.
What Is a Lady Bird Deed? In a lady bird deed, the owner of real estate transfers a contingent ownership interest in the property to designated beneficiaries, while retaining an enhanced life estate. The ownership interest of the beneficiaries does not vest until the death of the property owner.
A Lady Bird Deed is a way to transfer property to someone else outside of probate while retaining a life estate in the property. This type of deed got its nickname when President Lyndon B. Johnson used it to convey the property to his wife, Lady Bird Johnson.
Cost of a Lady Bird Deed This price typically includes the time spent researching your deed, preparing the Lady Bird Deed, and the time spent to sign and record the deed. Your county will charge a recording fee to record the deed. The fee in Michigan is typically $30.00.
In Michigan, a Lady Bird Deed (also known as a Ladybird Deed or Enhanced Life Estate Deed) is a type of Quitclaim Deed that allows you, the creator, to transfer your property upon your death to a named beneficiary without having to go through the expensive and time consuming Probate process.
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In a lady bird deed, the owner of real estate transfers a contingent ownership interest in the property to designated beneficiaries, while retaining an enhanced life estate. The ownership interest of the beneficiaries does not vest until the death of the property owner.
In Michigan, a Lady Bird Deed (also known as a Ladybird Deed or Enhanced Life Estate Deed) is a type of Quitclaim Deed that allows you, the creator, to transfer your property upon your death to a named beneficiary without having to go through the expensive and time consuming Probate process.
Cost of a Lady Bird Deed This price typically includes the time spent researching your deed, preparing the Lady Bird Deed, and the time spent to sign and record the deed. Your county will charge a recording fee to record the deed. The fee in Michigan is typically $30.00.
In Michigan, a Lady Bird Deed (also known as a Ladybird Deed or Enhanced Life Estate Deed) is a type of Quitclaim Deed that allows you, the creator, to transfer your property upon your death to a named beneficiary without having to go through the expensive and time consuming Probate process.
A ladybird deedtogether with joint accounts, beneficiary designations, and transfers on deathcan be used to estab- lish a simple estate plan and avoid probate.

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