Legal Question in Wills and Trusts in Florida
Several years ago my Mother re-titled her house as a life-estate naming me as the person whom the property would transfer to upon her eventual departure. I live in the house with her the last two years of her life. When she ultimately left, the property appraiser's office re-assessed the house. However, on their website the record shows that that I have owned the house effective the date the Life-Estate was filed. Should the property appraiser have reassessed the house after my mother was no longer here, or was ownership conferred upon me by virtue of the life-estate deed and having lived in the house for a substantial period of time allowing ownership to continue without a reassessment and consequent increase in property tax? My Mother died 2 1/2 years ago. Thank you very much.
1 Answer from Attorneys
when the life estate was created, you had an ownership interest in the house. the property assessor can re-appraise the house at any time
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