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Jadinah Naomi GustaveReviewsout of 4 reviews Jadinah Naomi GustaveClients’ ChoiceAward 2022
Jadinah Naomi GustaveReviewsout of 4 reviews Jadinah Naomi GustaveClients’ ChoiceAward 2022
 

Ladybird Estate Tag

Pros and Pitfalls of a Ladybird Estate

The Ladybird Estate got its delightful name after the late wife of President Lyndon B. Johnson, Ladybird Johnson. Her real name was Claudia Alta, and her late husband’s bequest of their homestead set the stage for the nickname of an estate planning document also dubbed the “Life Estate.” But what exactly is a life estate, and should you be using one to avoid probate?  What is a Life Estate? Whenever someone deeds a property to another, they can do so in several ways. First, they can opt to grant the receiver everything - the whole package, so to speak. This is what...

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