Real Estate News

Jun
09
2016
A commonly asked question is, “Should I own my homestead in my trust?” Generally, the answer is, “No.” This is not because of your ad valorem homestead exemption or even your Constitutional protection from the claims of creditors. It is not because we don’t want you to avoid probate.
Apr
08
2016
Bob and Suzy get divorced. Suzy has an adult child, Annie, from a prior relationship. As part of the marital settlement agreement, Bob is supposed to sign a deed conveying his interest in their homestead to Suzy. Suzy is supposed to get a new home loan in her individual name.
Mar
25
2016
I just received a call from a local realtor. She was understandably concerned because a purchase and sale transaction she was working on had stalled. The reason: the property was owned by an unmarried couple and one of the partners had recently died.
Feb
19
2016
If you recently purchased a home in Florida which is your permanent residence, now is the time to file for your homestead tax exemption. March 1st is the application deadline for filing in order to receive the exemption for 2016.