Legal Question in Real Estate Law in Florida
how to legally let children have full use of property they will inherit
I have some property with mobile homes that I want my children to inherit upon my death. I want them to be able to use these properties now as their own and make them responsible for any taxes and insurance. what type of contract or deed do i need to do?
Asked on 2/10/09, 12:02 pm
1 Answer from Attorneys
Brent Rose
The Orsini & Rose Law Firm
Re: how to legally let children have full use of property they will inherit
You could just draw up a lease with a rent of $1.00 per year, and, in the lease, say that they are responsible for taxes and insurance. On the other hand, why not just deed the property to them now?
Answered on 2/10/09, 2:09 pm