Homestead and Life Estates… Now What?
In Florida, homestead property is subject to special rules regarding distribution at death. If a person who owns homestead property dies, their surviving spouse may be entitled to a life estate in the property, depending on the circumstances. Under Florida law, if a person who owns homestead property dies and is survived by a spouse, […]
Elective Share… What do I get??
In Florida, a surviving spouse has the right to elect to take a portion of the deceased spouse’s homestead property as a tenancy in common with the deceased spouse’s children, instead of taking a life estate in the entire property. There are so many statutes on this (Check them out HERE) so I’ll try to […]