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 ...
A life estate provides a way to split the ownership of an asset and is useful for estate planning purposes. By creating joint ownership of an asset such as a family home, a typical life estate allows ...
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” ...
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 ...
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 ...
Life estates have received some attention recently as a way to resolve partial ownership of a property. Like any other estate planning tool, it needs to be considered in light of the objectives of the ...