Enhanced Life Estate or Lady Bird Deed - Individual to Two Individuals / Husband and Wife - Michigan 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the Grantor's name and address in the designated fields. Ensure accuracy as this identifies the current property owner.
  3. Next, input the Grantees' names and addresses. This section should include both individuals who will hold ownership together.
  4. Specify how the Grantees will hold the property (e.g., Tenants by the Entirety). This is crucial for determining rights of survivorship.
  5. Fill in the legal description of the property, including Tax Identification Number. This ensures clarity on what property is being transferred.
  6. Indicate any exemptions from real estate transfer tax if applicable, referencing MCL sections as needed.
  7. Finally, have the Grantor sign and date the document, ensuring a notary public acknowledges it for legal validity.

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The cost for a Lady Bird deed in Michigan can vary, generally less than $500. Keep in mind, this document takes additional attorney time when drafting the document, as the individual circumstance(s) and the appropriateness of the deed should be evaluated by an Estate Planning attorney.
A lady bird deed does not uncap your property tax so there will be no increase to your property taxes. A lady bird transfer at death can also avoid property tax increases for certain designated beneficiaries who are family members if the transfer is made in accordance with the exemption provisions in Michigan law.
While you can name multiple beneficiaries, things can get messy quickly because the deed doesnt specify your wishes for the property. Your remaindermen will have to agree on what to do with it, which can lead to family disputes or even selling or mortgaging the property against your wishes.
A Lady Bird Deed could be a great choice if you as the property owner want to: Avoid probate and ensure your real estate passes smoothly to your loved ones. Protect your property from potential Medicaid estate recovery. Retain control over your property while youre alive.
One of the more accessible and efficient tools available to those looking to bypass probate is a transfer-on-death (TOD) deed. A transfer-on-death deed is a legal document that specifies which beneficiary will inherit the deceaseds real estate after their passing.

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