Lady Bird Agreement

Under Michigan law, “joint tenants” have a different legal meaning than “common tenants with reversion rights.” Generally speaking, we would not recommend “tenants with survival rights” on a ladybug deed, because if, after your death, a disagreement were to arise between your children on how to dispose of the property, this language would usually prevent the angry child from bringing a division action to force the sale of the property while his siblings live. Marian bird acts can also help with Medicaid healing. When a person receives Medicaid benefits, federal law authorizes the Medicaid public agency to recover assets from the “estate” of the deceased upon death. States differ in the way they define “succession” for Medicaid restoration purposes. .

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