A Vermont enhanced life estate deed (aka “lady bird deed”) allows a real estate owner to name a grantee who will inherit their property after their passing. This type of deed transfers the grantor’s interest in the property without any probate administration, in contrast to naming a beneficiary in a will.

The owner who executes an enhanced life estate deed retains their property rights, meaning they can convey and lease the property without the grantee’s consent. Furthermore, a grantor may revoke a recorded enhanced life estate deed at any time during their lifetime.