A life estate deed is an easy and inexpensive way to protect your primary residence from being subject to Medicaid Estate Recovery upon your death. Per prior articles, your real estate is not a ...

What Is a Life Estate? Life estates are most commonly used with real estate and are created by the owner of the property. If you own your home, you are considered the life estate tenant. As the life ...

Dear Monty: My mom put her house in my name and kept a life estate on it. She moved out several years later into an assisted living facility. She now claims the house still belongs to her. Did her ...

Life estates can provide effective means to create joint ownership of property, avoid probate and transfer property after death without incurring gift taxes. Parents commonly use them to bequeath a ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

It’s sorta yours. But it’s sorta not. It’s really something in between. What we are talking about is a “life estate.” But before we get there, we have to understand both what constitutes an “estate” ...

Q: I own a home that my sister and her husband live in, and I claim the homestead exemption on my primary residence. I was told by a real estate title expert that if I sign a revocable life estate ...