Wednesday, March 28, 2012
Gerry W. Beyer (Governor Preston E. Smith Regents Professor of Law, Texas Tech University School of Law) and Kerri M. Griffin (The Blum Firm, P.C., Dallas, Texas) have recently posted on SSRN their article entitled Updated Primer on Lady Bird Deeds.
Here is the abstract of their article:
This article is updates and revises Lady Bird Deeds: A Primer for the Texas Practitioner, Est. Plan. Develop. Tex. Prof. (January 2011).
The article aims to educate estate planning professionals on the basics of Lady Bird deeds in Texas by discussing the different reasons one would want to use a Lady Bird deed (with emphasis on the use in the Medicaid context) and the alternatives to doing so. In addition, this article addresses some of the uncertainty surrounding, and concerns involved with, using Lady Bird deeds as part of an estate plan.