Legal Question in Real Estate Law in Florida

Re: Life Estate Deed with Remainder

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

This can be accomplished by executing a quit claim deed from the current owners to your parents for life with a remainder to you. You should have an attorney draft the deed to ensure it is done properly.

Scott R. Jay, Esq.