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Florida GrAnTOr Abletrust  Form

Florida GrAnTOr Abletrust Form

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Hi there, the question we're answering  today is can you put your homestead in   a revocable living trust and still maintain  the tax benefits of your homestead exemption?   And the answer is absolutely, yes. And this is  a very common concern, right? Because people   say I own this house in my name. And because  it's me and I live, I live there, I get my   homestead. And if we're transferring the house  out of my name, and into the name of a trust,   then do I lose that homestead exemption or maybe  a senior exemption, there are other tax benefits   that you can get associated with your  property? And the answer is a revocable   living trust with that we put together provides  very specifically that as long as you are,   it is your primary residence, that you  still maintain the tax benefit. And the deed   that transfers the property out of your name and  into the trust specifies that and the trust itself   specifies that and then

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