Difference between revisions of "Ladybird Deeds in Pennsylvania"

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=Overview=
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#REDIRECT [[Deeds in Pennsylvania]]
 
 
Ladybird deeds do not appear to be in use in Pennsylvania as such.<br>
 
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However, some deeds may contain language where the grantee holds property "in trust" for certain beneficiaries until death, but the grantee/trustee retains certain rights, such as the ability to sell and/or mortgage the property, without joinder of the beneficiaries. Often the grantor and grantee/trustee will be the same person. Such deeds and language should be examined carefully, and do not always rely on or incorporate a separate Trust-creating document.
 

Latest revision as of 08:11, 4 May 2023