Legal Question in Wills and Trusts in Florida
I have a Life Estate in Florida and rented it out. I believe I am entitled to all Rental Income; however, the Remainderman are trying to claim my Rental Income. I am trying to find the Florida Statute that protect me here.
Asked on 6/18/18, 10:50 am
2 Answers from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
In most cases a life tenant can rent out his/her ownership interest for their lifetime estate. That can be limited by the conveying document or other documents attendant to that. There is no statutory protection as you ask.
Answered on 6/18/18, 11:17 am
Levi Wilkes
Levi Lawrence Wilkes, Attorney-at-Law, PLLC
I agree with Mr. Stein. Have an attorney review the deed and surrounding circumstances if you want to be sure.
Answered on 6/19/18, 6:14 am