Ladybird Deed

Type: Concept

As of November 2026, Ladybird Deed has been mentioned in one podcast episode on The Ramsey Show (Nov 2026). Mentioned during a caller's question about inheriting property; hosts explain it functions as a life estate and warn about risks and alternatives.

In common law and statutory law, a life estate is the ownership of immovable property for the duration of a person's life. In legal terms, it is an estate in real property that ends at death, when the property rights may revert to the original owner or to another person. The owner of a life estate is called a "life tenant". The person who will take over the rights upon death is said to have a "remainder" interest and is known as a "remainderman".