Probate avoidance sounds appealing, and the Ladybird Deed seems like an easy way to achieve it. Before you jump on this bandwagon, consider the potential pitfalls.
This type of deed can create unexpected complications, especially for families with multiple children. Co-ownership can lead to disagreements, disputes, and potentially expensive legal battles.
At Pear Sperling Eggan & Daniels, P.C., we understand the importance of thoughtful estate planning. We can help you explore all your options, including the Ladybird Deed, and guide you towards the best solution for your unique family circumstances.
Don't let a seemingly simple solution create unintended consequences. Contact us today for a consultation and ensure a smooth and harmonious transition of your assets to the next generation.
Learn more about the unintended consequences of DIY Ladybird deeds here.
Contact an Estate Planning Attorney in Ann Arbor to Help You!
Regardless of your stage in life, consult an estate planning attorney in Ann Arbor to create your estate plan with a will and a trust. With the help of an experienced estate planning attorney at Pear Sperling Eggan & Daniels, P.C, you can rest assured that your assets will be easily located, managed, and passed to your loved ones.
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