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Preview - Michigan Lady Bird Deed Form
Michigan Lady Bird Deed Template
This Lady Bird Deed, pursuant to Michigan law, allows for the transfer of property while retaining the right to live on and control the property during the grantor's lifetime.
Grantor: ___________________________
Address: ___________________________
City, State, ZIP: ___________________________
Grantee: ___________________________
Address: ___________________________
City, State, ZIP: ___________________________
In accordance with the laws of the State of Michigan, I, the above-named grantor, hereby convey the following described real estate to the grantee(s), subject to the provisions set forth below:
Legal Description of Property: _____________________________________________
______________________________________________________________________
PROVISIONS:
- The grantor retains the right to use, occupy, and control the property during their lifetime.
- Upon the death of the grantor, the property shall automatically transfer to the grantee(s) without the need for probate.
- This deed is revocable by the grantor at any time before death.
IN WITNESS WHEREOF, the grantor has executed this Lady Bird Deed on this ____ day of ___________, 20___.
Signature of Grantor: ___________________________
Printed Name of Grantor: ___________________________
STATE OF MICHIGAN
COUNTY OF ___________________________
This document was acknowledged before me on this ____ day of ___________, 20___, by___________________________.
Signature of Notary Public: ___________________________
Printed Name of Notary Public: ___________________________
My Commission Expires: ___________________________
Create Other Common Lady Bird Deed Forms for Different States
Lady Bird Deed Texas Form - A Lady Bird Deed is a practical approach to protect assets while retaining ownership rights.
Filing a simple Small Estate Affidavit can significantly ease the burden of managing an estate following a loved one's passing. This document provides a streamlined process for transferring assets without the need for probate, making it an invaluable tool for heirs navigating this challenging time.
Lady Bird Deed States - The structure of the form makes it a user-friendly option for property transfers.
Similar forms
- Transfer on Death Deed (TODD): This document allows property owners to transfer their real estate to beneficiaries upon their death, similar to a Lady Bird Deed. It ensures that the property avoids probate, providing a straightforward transfer process.
- Mobile Home Bill of Sale: The Auto Bill of Sale Forms is essential for documenting the sale and ownership transfer of mobile homes, ensuring legal recognition of the transaction.
- Life Estate Deed: A life estate deed grants one person the right to use and live in a property during their lifetime, while allowing another party to receive ownership after their death. Like a Lady Bird Deed, it can help avoid probate.
- Revocable Trust: A revocable trust holds property for the benefit of designated beneficiaries. It allows the grantor to retain control during their lifetime and facilitates a smooth transfer upon death, akin to the benefits of a Lady Bird Deed.
- Joint Tenancy with Right of Survivorship: This form of ownership allows two or more people to hold property together. When one owner passes away, their share automatically transfers to the surviving owner, similar to the transfer process in a Lady Bird Deed.
- Will: A will outlines how a person's property should be distributed after their death. While it does not avoid probate, it serves a similar purpose of designating beneficiaries, much like a Lady Bird Deed does for real estate.