Legal Question in Real Estate Law in Florida
Beneficiary Deeds
Are beneficiary deeds used in the state of Florida? If so, are there forms readily available, or wolud it be better to use an attorney?
1 Answer from Attorneys
Re: Beneficiary Deeds
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Having practiced real estate law for over 25 years and not having heard of a beneficiary deed, I would have to say no - they are not being used. It may be similar to a life estate with a remainder to a set person (beneficiary).
I would strongly advise that you have a qualified real estate attorney draft the necessary instrument(s) so that no errors are made. The cost to draft a deed should be very reasonable.
Scott R. Jay, Esq.
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