title: "Mississippi Quit Claim Deed Reserving Life Estate"

state: "MS"

date: "2026-04-07"

authority: "Miss. Code § 89-1-1 et seq."

QUIT CLAIM DEED RESERVING LIFE ESTATE

State of Mississippi

The Grantor (owner) transfers the property NOW but keeps the right to live in and use the property for the rest of their life. The Grantee (beneficiary) receives full ownership only upon the Grantor's death. This structure can protect against Medicaid estate recovery.

> MEDICAID NOTICE: A life estate deed may protect property from Medicaid estate recovery because the life estate interest terminates at death and the remainder passes outside the probate estate. Consult a Mississippi elder law attorney before executing if Medicaid planning is your primary goal. Rules change frequently and individual circumstances vary.

RECORDING INFORMATION (For Recorder's Use)

Prepared by: _______________________________________________

Return to: _______________________________________________

Tax Parcel ID: _______________________________________________

QUIT CLAIM DEED RESERVING LIFE ESTATE

THIS QUIT CLAIM DEED RESERVING LIFE ESTATE is made and executed this _______ day of _______________, 20____, by and between:

GRANTOR / LIFE TENANT:

Full Legal Name: _______________________________________________

Marital Status: [ ] Single [ ] Married [ ] Widowed [ ] Divorced

Spouse's Name (if married): _______________________________________________

Address: _______________________________________________

City, State, Zip: _______________________________________________

GRANTEE / REMAINDERMAN:

Full Legal Name: _______________________________________________

Address: _______________________________________________

City, State, Zip: _______________________________________________

Relationship to Grantor: _______________________________________________

CONVEYANCE WITH RESERVED LIFE ESTATE

For and in consideration of the sum of TEN AND NO/100 DOLLARS ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Grantor does hereby QUIT CLAIM, RELEASE, AND CONVEY unto Grantee, as remainderman, subject to the life estate reserved herein, all right, title, and interest in and to the following described real property in _____________ County, Mississippi:

LEGAL DESCRIPTION

(Copy exact legal description from existing deed or county tax records)

_______________________________________________

_______________________________________________

_______________________________________________

_______________________________________________

Property Address (for reference only):

_______________________________________________

RESERVATION OF LIFE ESTATE

GRANTOR HEREBY RESERVES unto Grantor, and Grantor's heirs and assigns, a life estate in and to the above-described property. During the term of this life estate, Grantor shall have the exclusive right to:

1. Occupy and possess the property and reside therein;
2. Use, enjoy, and benefit from the property as if Grantor were the sole owner;
3. Receive all rents and profits arising from the property;
4. Make improvements to the property at Grantor's expense;
5. Pay all property taxes, insurance, and maintenance costs associated with the property.

Grantor shall NOT have the right to:

1. Sell, mortgage, or otherwise encumber the remainder interest without Grantee's written consent;
2. Commit waste that would materially diminish the value of the property to the remainderman.

Upon the death of Grantor, the life estate shall terminate automatically and full fee simple title shall vest immediately in Grantee (or Grantee's heirs if Grantee predeceases Grantor) without the need for probate.

SPOUSAL CONSENT (Required if Grantor is married)

I, _____________________________________, spouse of the Grantor, hereby join in this conveyance and release all homestead, dower, and other rights in the above-described property, subject to the life estate reserved herein.

Spouse Signature: _______________________________________________ Date: _______________

GRANTOR SIGNATURE

IN WITNESS WHEREOF, the Grantor has executed this deed as of the date first written above.

Grantor Signature: _______________________________________________

Printed Name: _______________________________________________

Date: _______________________________________________

NOTARY ACKNOWLEDGMENT

STATE OF MISSISSIPPI

COUNTY OF ___________________________

Before me, the undersigned authority, personally appeared ________________________________, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged execution for the purposes therein expressed.

Given under my hand and seal this _______ day of _______________, 20____.

Notary Public: _______________________________________________

Commission Expires: _______________________________________________

[NOTARY SEAL]

GRANTEE ACCEPTANCE

I, _____________________________________, accept the remainder interest in the above-described property, subject to the life estate reserved by Grantor.

Grantee Signature: _______________________________________________ Date: _______________

FILING INSTRUCTIONS

Record with the Chancery Clerk of the county where the property is located. Recording fee ~$10–$50.

Authority: Miss. Code § 89-1-1 et seq. Not legal advice.