What Is a Lady Bird Deed in Florida? (And Why It’s Kind of Magical)
Florida has a special tool called a Lady Bird Deed, officially known as an “enhanced life estate deed.”
How It Works
You keep full control of your property during your lifetime 🏡
Upon your passing, the property automatically goes to your chosen beneficiary 📜
Bypasses probate, retains homestead protections, and can even help with Medicaid planning
Pros & Cons
Pros:
Avoids probate
Retains control while alive
Can protect your home from certain estate recovery claims
Cons:
Only works for Florida real estate
Doesn’t protect against creditors while you’re alive
Can complicate refinancing or selling the property
Why It’s Magical
It’s like a supercharged life estate: you get control, protection, and simplicity for your heirs, all while keeping flexibility in your hands.
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Want to see if a Lady Bird Deed is right for your Florida home? Book a free consultation today!