Posts from August 2016

Life Tenant Expenses in Florida

  • Posted by Bruce McDonald
  • August 12, 2016
  • (0) Comments

Despite a surviving spouse’s right to elect 50% of an inherited homestead when the homestead was not in joint names, instead of the traditional “life estate,” there are still a lot of life estates in Florida. A life estate is a type of real property ownership for a period of time, measured by the life of the “life tenant.” The life estate ends automatically when the owner dies.

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