Ryan M. Mynard, Attorney at Law, P.A.

November 2017 Archives

USING AN ENHANCED LIFE ESTATE DEED IN FLORIDA

As we get older and move into the retirement phase of life, it is common to have two concerns: 1) how do we assure ourselves of a safe and stable place to live throughout our years, and 2) how do we pass our assets on to our loved ones without them being depleted by creditors, taxes, and legal fees? Floridians have the benefit of an estate planning tool called an "Enhanced Life Estate Deed" or, alternatively named a "Lady Bird Deed" (an arbitrary reference to the former first lady given by the tool's originator with no meaningful connection to the qualities of the deed). By working with an estate planning attorney to create an enhanced life estate deed, you can enjoy the benefits of having full control over your own home while at the same time protecting the value of that home for your beneficiaries and avoiding adverse Medicaid consequences.

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With offices in Crestview, we advise and represent clients throughout Northwest Florida. To speak with a dedicated and compassionate estate planning and probate lawyer, please call 850-683-3940 or contact us via email. We would be honored to speak with you about your concerns.

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Ryan M. Mynard, Attorney at Law, P.A.

Ryan M. Mynard, Attorney at Law, P.A.
420 East Pine Avenue
Crestview, FL 32539

Phone: 850-683-3940
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