Lady bird deed 2026

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  1. Click ‘Get Form’ to open the lady bird deed in the editor.
  2. Begin by filling in the Grantor's name and address. This identifies the individual transferring the property.
  3. Next, enter the Grantee's name and address. The Grantee is the individual receiving the property.
  4. Specify the consideration amount, which is typically a nominal sum, such as 'One Dollar'.
  5. Provide a detailed legal description of the property being conveyed. This may require referencing an attached Exhibit A.
  6. In the Reservations section, list any exceptions or encumbrances that apply to the property.
  7. Finally, ensure both Grantor and Notary signatures are included, along with dates for proper validation.

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A Lady Bird Deed only addresses one asset: real estate. A trust can include your home and your bank accounts, vehicles, investments, and personal belongings. Its a true all-in-one solution. A Lady Bird Deed doesnt help if you become unable to manage your affairs.
Key Benefits of a Lady Bird Deed Retains Full Control: You can sell, lease, mortgage, or revoke the deed at any time without the beneficiarys permission. Avoids Medicaid Recovery: Property transferred via a Lady Bird Deed is not subject to Medicaid estate recovery, protecting your home from Medicaid recovery.
Avoiding Probate A Lady Bird Deed helps your property automatically transfer to your beneficiaries without going through probate. For example, if Peter passes away, Paul and Mary would automatically inherit the home, without waiting months for probate to finish.
Choosing between a Lady Bird Deed and a Transfer on Death Deed depends on your personal situation. If maintaining full control over the property during your lifetime is a priority, and you want the flexibility to make changes without re-recording a deed, a Lady Bird Deed may be the better choice.

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