Legal Question in Wills and Trusts in Florida
life tenancy
Is there a method of calculation to determine how much a person with a life tenancy would receive if the property needed to be sold? How is the value of a tenancy determined?
Asked on 8/23/08, 5:28 pm
1 Answer from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
Re: life tenancy
There is a formula and any decent real estate appraiser can do this for you.
Answered on 8/23/08, 9:45 pm