Can you use a lady bird deed even if theres a mortgage on your property

Carol: You were talking about the Lady Bird deeds. I was just wondering, does your property, your home have to have the mortgage paid off? Does it have to be mortgage-free or can it have a mortgage to do a Lady Bird deed?

Tom Olsen: Carol, great question. Carol, you could do a Ladybird deed to avoid probate on your property even if there's a mortgage on it. That doesn't matter. Even if there's a mortgage on it. We can use a Ladybird deed to avoid probate on your home, your rental property, your beach condo, your investment property, your vacant land, you name it. We can use it on all properties and it doesn't matter if there's a mortgage on it.

[00:00:36] [END OF AUDIO]