Planning for the future of your property doesn’t have to be complicated. A Lady Bird Deed (also known as an Enhanced Life Estate Deed) offers a unique way to transfer real estate while avoiding probate, maintaining control, and preserving Medicaid eligibility. But how does it work, and is it the right choice for you or your clients?
This workshop will debunk common myths about the Lady Bird Deed, explore how it differs from other forms of property ownership, and outline the legal and financial advantages. Participants will gain valuable insights into how this tool can be used to protect assets, simplify estate planning, and avoid unintended consequences. Whether you’re a real estate professional, attorney, financial planner, or homeowner looking to secure your legacy, this class will provide the essential knowledge needed to make informed decisions.
Course Objectives:
By the end of this class, participants will be able to:
- Understand the Legal Concept – Learn what a Lady Bird Deed is, its history, and how it differs from a traditional life estate.
- Compare Ownership Structures – Distinguish between Fee Simple Absolute, Joint Tenancy with Rights of Survivorship (JTWROS), Tenants in Common (TIC), and Regular Life Estates to determine the best estate planning tool.
- Identify Key Benefits – Recognize the advantages of a Lady Bird Deed, including avoiding probate, maintaining control over property, and potential Medicaid planning benefits.
- Analyze Potential Risks – Understand the unintended consequences of a Regular Life Estate and how Lady Bird Deeds provide greater flexibility.
- Explore Alternatives – Consider when a Revocable Living Trust might be a better option and how it compares to an Enhanced Life Estate.
Join us for this informative session and discover how to make smarter, more strategic estate planning decisions that benefit both property owners and their heirs.
To CANCEL your class registration, please email class name, date, and location to education@rworld.com or call 561-353-9190.
Class cancellations for “Specialty” courses (Designations/Certifications/license renewal) received within 3 business days of the class start day will be subject to a $20 cancellation fee, which would result in a partial refund of the paid registration fee. If the aforementioned registration was not paid, an invoice for the $20 cancellation fee will be applied.
Members who “No Show” a class without notice of cancellation prior to class will not be eligible for a refund of the registration fee.
By registering for this class/event you hereby consent to the photographing of yourself and the recording of your voice and the use of these photographs and/or recordings singularly or in conjunction with other photographs and/or recordings for advertising, publicity, commercial or other business purposes. You understand that the term “photograph” as used herein encompasses both still photographs and motion picture footage.
