|An Enhanced Life Estate Deed is another tool available for asset protection planning for Florida residents. The use of this type of deed provides a simple mechanism to convey real estate to your heirs outside of probate while protecting the asset from creditors. You give up no rights to the property. The heirs named in the deed to receive the property after your death have no interest in the property until your death. You retain the right to sell, mortgage, convey, gift or cancel the remainder interest to your heirs at any time during your lifetime.||
Patricia L. Ferrari has decades of experience in helping her clients with estate planning and asset protection and offers a free initial consultation.