What are the benefits of using a Lady Bird Deed?

The benefits of a Lady Bird Deed include:

Retaining Control: You keep full rights to your property while you’re alive.
Avoiding Probate: The property automatically transfers to your heirs upon your death, bypassing probate.
Asset Protection: It can help shield your home from creditors.
Tax Benefits: Beneficiaries may receive a step-up in basis, which can reduce capital gains tax upon selling the property.

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What are the benefits of using a Lady Bird Deed?

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