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 ...

Enhanced life estate deeds, affectionately nicknamed Lady Bird deeds, can be an effective tool in real estate to transfer ownership of real property upon death. They got their nickname when President ...

Due to changes in Medicaid rules, the once-common practice of utilizing a life estate to protect the value of an individual’s residence from long-term care costs, such as a nursing home or assisted ...