Full question:
I am working on my WILL. I have five properties with a Right of Survivorship to my children. My question is? I own my own home and I own this house but it is in MY NAME ONLY. How can I leave this house, (without a right of survivorship) and the house will go to whom I choose when I die. Thanks, June Please call or email me HOW TO WRITE MY WILL with my personal home only in my name and I want to leave it to one of my children
- Category: Wills and Estates
- Date:
- State: Florida
Answer:
Certain assets are not included as part of a person's estate and may pass outside of probate, such as trust assets and transfer on death accounts or property owned by joint tenants which passes under a right of survivorship when one tenant dies.
Any other property owned by the deceased would be passed through the will. When drafting a will, a testator/testatrix may bequeath or leave property to whomever he or she desires. Under Florida law, your property may be given to anyone you choose, with certain exceptions, after your estate debts are paid.
But note that in Florida, one exception is for homestead properties. A homestead (the residence and adjoining lands) cannot be devised by will if it is: 1) up to acre in size within an incorporated town or city up to 160 acres in size outside those limits; AND, 2) the testator is survived by a spouse or minor child.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.