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Tag Archives: Florida Homestead Law
Do Homesteads Belong in a Living Trust?
Owning a home is a large goal for many Americans, and once home ownership is attained, most want to do everything possible to keep the asset from being lost. Florida’s homestead protection, the law that determines the level of protection the property receives from creditor claims and property taxes, is somewhat unique, in that… Read More »
Florida’s Homestead Law and Estate Planning
People are drawn to Florida for a variety of reasons, and one reason related to the purchase of real estate is the state’s homestead law. Florida law allows generous tax exemptions (up to $50,000) to homeowners, and protection from creditor claims and forced sales in bankruptcy, often referred to as unlimited homestead protection. People… Read More »
