A *Florida Enhanced Life Estate Deed or Florida LadyBird Deed (Enhanced Life Estate Deed) is designed to pass the property if any to a person upon the death of the life tenant while allowing the life tenant to do anything during their life.
What happens if the person named in the remainder interest predeceases the life tenant?
This is From A to B for life (with enhanced powers) remainder to C.
If C dies before B, and then B dies the property will revert to A or A’s Estate upon B’s Death.
This can be problematic when claims are potential claims against A’s estate.
1) When C dies, B should change the Enhanced Life Estate Deed 2) create the deed in such a way that the language of the deed specifies that the property does not go back to A or A’s heirs
If you need a Florida Enhanced Life Estate Deed or Florida LadyBird Deed (Enhanced Life Estate Deed) Contact a Florida Estate Planning Lawyer to create a deed that serves your needs and minimizes your risks.