Legal Question in Real Estate Law in Florida
My moms home is homesteaded and in her trust. I am the only heir. are we protected from creditors?
Asked on 8/24/17, 7:10 am
1 Answer from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
Your questions cannot be answered in this forum and without more detailed facts. there are three homestead protections in Florida, all different and all achieved differently. Constitutional protection against forced sale by creditors; constitutional limitations on the devise of homestead; and statutory reduction in ad valorem taxes. The first two are determined by facts and circumstances. The Third is determined by applications made yearly with the taxing authority. nothing is certain without detailed facts
Answered on 8/24/17, 7:18 am