Florida DR-219 Form is Repealed as of 06/1/2008 Beginning June 1, 2008: •The requirement to complete and file Form DR-219 is repealed. •The Department of Revenue will not process DR-219 forms received. •Destroy all blank DR-219 forms in your inventory. The repeal of the requirement to complete and file Form…
Articles Posted in Enhanced Life Estate Deeds
Deeds Designating Grantee as a Trustee Sufficient to Pass Title to Trust
The Florida Supreme court has ruled affirmatively on the question presented to it. Whether, under Florida Statutes section 689.07(1) as it existed before its 2004 amendment, this Deed–which is a recorded real estate conveyance deed to a named trustee of a private express trust identified in the deed by name…
Florida Lady Bird Deed Forms
Where can I get a Form for Florida Lady Bird Deed is a question that I am often asked. Florida Lady Bird Deeds are generally not available on the Internet because not many Florida Lawyers even know what they are. They are also far more complex than a regular deed.…
Enhanced Life Estate Deed Question. What happens when the owner of the Remainder Interest predeceases the life tenant?
A *Florida Enhanced Life Estate Deed or Florida LadyBird Deed (Enhanced Life Estate Deed) is designed to pass the property if any to a person upon the death of the life tenant while allowing the life tenant to do anything during their life. What happens if the person named in…
Medicaid and improvements paid for by Life Tenant of Property
In Florida, the Life tenant is generally responsible for the costs of repairs, but the remaindermen are responsible for the payments for improvements to the property. If the life tenant paid for the costs of improvements on a property, this would constitute an uncompensated transfer or gift which could result…
Is your Enhanced Life Estate Deed Valid?
All Florida Enhanced Life Estate Deed or Florida LadyBird Deed (Enhanced Life Estate Deed) are not created Equal. In the past, I have had clients come to me for help when a title company would not accept the language on an Florida Enhanced Life Estate Deed or Florida LadyBird Deed…
Florida Millionaires increase and Estate Planning
As the Percentage of Florida Millionaires continues to rise, the need for more complex Florida Estate Planning continues to increase. When ones assets are significant the benefits of a Florida Revocable Trust in conjunction with a Florida Will are increased. Florida’s probate fees can rapidly approach 30,000 dollars on some…
Do it yourself Estate Planning: Bad News Part 4
Professor Gerry W. Beyer author of the Wills, Trusts, & Estates Professors Blog, as reported on a mistake in estate planning where a “Do it Yourself” Estate Plan Backfires. In this case a mother who did not hire her own estate planning lawyer made a number a big mistake that…
Enhanced Life Estate Deeds in Florida and Medicaid Planning
A Florida Enhanced Life Estate Deed (sometimes called “The Lady-Bird Deed”) is a tool used by Florida Estate Planning Attorneys, Florida Elder Law Attorneys, and other by Florida Lawyers to preserve the homestead for the benefit of the family. Upon the death of the homeowner’s the property will pass to…
Jacksonville Living Will Seminar
Jacksonville Estate Planning Law Firm will continue it community service project by adding 3 Living Will Seminars in the month of September. This program provides Free information and the chance to create a free Florida Living Wills, Florida Designation of Health care Surrogate, and a Hipaa Release. On September 11,…