Use An Enhanced Life Estate Deed To Avoid Probate
Why You Want To Avoid Probate Almost all of our clients at The Miller Elder Law Firm want to know how to pass assets, including property, to their children (or other beneficiaries) without the expense or delay of a formal probate process in Court. The goal is to avoid probate. We often recommend the use of an enhanced life estate deed, which is unique to Florida. A Florida Enhanced Life Estate Deed can avoid probate for your real property, speed up the transfer of a property to loved ones upon your death, maintain your...
Read MoreProbate: Is Homestead Property A Probate Asset
Preparing for Probate: Is Homestead Property A Probate Asset? The answer is “yes” and “no” If a homestead property is established and meets Florida eligibility requirements, the property can be distributed to the beneficiaries of the decedent free of creditor’s claims. If the property still has a mortgage, owes money for repairs or homeowners association liens, the homestead protection does not apply in full and those creditors can seek to reclaim that debt. If an Enhanced Life Estate Deed or...
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