Transfer your Residence to a Life Estate Under Florida Law- Keep Homestead and Your “Save Our Homes” Valuation
I want to transfer my residence to my child/children keeping a life estate for myself so that my property avoids probate, will I lose my homestead exemption or my “Save Our Home” valuation? NO , to both. Here is why: A transfer from full ownership (fee simple) to a life estate where the grantor keeps … Read more