Legal Question in Real Estate Law in Florida
I would like to add my daughters name to my house deed but not the. loan,she lives with me Will it make a difference with my homestead exemption?
Asked on 9/30/16, 5:24 pm
2 Answers from Attorneys
David Slater
David P. Slater, Esq.
No. If you want the survivor to inherit you list title as " Joint Tenants with right of survivorship".
Answered on 9/30/16, 6:47 pm
Barry Stein
De Cardenas, Freixas, Stein & Zachary
yes it can affect your homestead exemption. it can also have income tax ramifications in the transfer of an asset. you need to discuss with a competent real estate/tax attorney before just doing the transfer.
Answered on 10/03/16, 10:14 am
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