The law used to provide that a candidate who was delinquent in the payment of “any monetary” obligation to the Association was not eligible to run for the Board. Now, the law has been changed to provide that a candidate who is delinquent in the payment of any “assessment” is not eli...
Amendment 9: Homestead Property Tax Exemption for Surviving Spouse of Military Veteran or First Responder Amendment 9 would provide tax relief to spouses of military members or first responders that died in the line of duty by allowing the Florida legislature to totally or partially exempt the survi...
Quadriplegics who use their property as a homestead are exempt from all property taxes. Others who must use a wheelchair for mobility or are legally blind and have a gross income below $14,500 in 1991 dollars, adjusted for inflation, can be exempt from all property taxes as well....
This is impossible for us to answer without a consultation but the general rule is if there are no assets “stuck” in the deceased’s name, then you might not need probate. Assets that are held jointly with a spouse or which have designated beneficiaries typically pass on to the heir wit...
This is impossible for us to answer without a consultation but the general rule is if there are no assets “stuck” in the deceased’s name, then you might not need probate. Assets that are held jointly with a spouse or which have designated beneficiaries typically pass on to the heir wit...
You should not have rented the property for more than 30 days in a given calendar year. This is because renting the property for more than 30 days for two consecutive years or for more than six months is considered an abandonment of the Florida homestead exemption. ...
s mistakes because it was not done by a lawyer. A well-drafted will includes certain provisions particular to the state and does not include others. For example, ordering your home to be sold and the proceeds distributed (very common in other states) will affect your Florida homestead ...
the worst part of losing a homestead exemption is receiving a tax bill the next year that is based on the full fair market value of your property. Unfortunately, the law regarding when a property loses the Save Our Homes Amendment [“SOHA”] cap and must be reassessed at just value is ...
creditors. They provide a spouse and dependent children of a decedent a place to live, money which with to live on while the estate is in administration, and certain personal property formerly owned by the decedent. They include a family allowance, a homestead exemption, and personal property ...
decedent's estate to these children. Money liens: A man who had purchased the property before marriage thereafter mortgaged the property. He then gets married. Florida recognizes a spouse's interest in this property if it is classified as homestead property. Mechanic's lien: An owner fails to...