How Does a Lady Bird Deed Transfer a Home After Death? | NC

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Q: What is a Lady Bird deed and how does it help transfer a home after death? A: A Lady Bird deed, also called an enhanced life estate deed, lets a homeowner keep control of the property during life while naming who will receive it at death. The owner can generally sell, mortgage, or transfer the home without the beneficiary’s consent. The beneficiary has no present right to occupy or manage it.…