Legal Question in Wills and Trusts in Florida
life estates
If I Quick Claimed my house over to my daughter, she files a life estate deed, can she legally take out a mortgage on the house without my signed authorization.
Asked on 2/28/07, 1:12 pm
2 Answers from Attorneys
Re: life estates
I am not sure what you are intending to do here. Are you planning to quit claim your property to your daughter while retaining a life estate for yourself? Or, are you quit claiming the entire property to her with the expectation she will file a deed giving you back a life estate? With either plan there are risks for you. I suggest you consult with an attorney before taking any action.
Answered on 3/01/07, 11:04 am