One skydiver died and another was injured following a midair collision in Rochelle, Illinois that caused both parachute canopies to collapse despite reserve parachutes being deployed.

A revocable life estate deed would basically try to trick the county into granting a homestead exemption when one is not actually available.

Q: Several years ago, my father conveyed title to his home to the children and retained a life estate. He recently indicated that he would like to sell the home.

Florida also has enhanced life estate deeds - known as "lady-bird deeds" - which automatically exempt all homes with such a deed from the Medicaid estate and remove the home from the probate ...

Illinois lawmakers discussed several issues related to farming, including the Illinois estate tax on Wednesday.

Q: We are looking to add our adult children to the deed of our house by filing a quit claim deed. A friend of ours said that it would keep the house out of probate for them after we pass.

What is a lady bird deed? A lady bird deed, or an enhanced life estate deed, allows a homeowner to automatically transfer their home to their beneficiaries without going through probate.

A scale house on some forms for a deed to conceptualize on the financial investment. A New Way to Transfer Your Property Earlier this year, a new type of deed for the transfer of real estate was ...

This form of deed is often used in transactions related to foreclosures or estates, where the transferor may not have personal knowledge of the title history, and in commercial transactions.

Sorry - for any number of reasons this content is not available. Find other law news and updates here, including advisories on: ...

An alternative to a trust is to consider the use of a life estate. Creating a life estate involves using a special form of a deed instead of a trust. The concept is simple, but only on the surface.