Life Estate Deed Attorney in Riverview, FL

Life Estate Deeds may be ideal if:

• You want to leave property to a loved one without probate
• You wish to continue living in your home until death
• You’re concerned about simplifying asset transfers for your heirs
• You need a cost-effective alternative to placing property in a trust

Yes! Even small estates can face legal Yes, the property passes directly to the named beneficiary upon your death, bypassing the probate process entirely.

Only with the consent of the remainderman. Once the deed is executed, you no longer have full ownership, so decisions like selling or refinancing must be agreed upon by all parties.

While it simplifies asset transfer, it limits your control over selling, gifting, or refinancing the property without the beneficiary's involvement. It may also impact Medicaid eligibility or estate taxes in some situations.

Describe the item or answer the question so that site visitors who are interested get more information. You can emphasize this text with bullets, italics or bold, and add links.A trust offers more flexibility and control, especially over multiple assets, while a Life Estate Deed is typically simpler and more cost-effective for transferring real estate only.