Tag Archives: Homestead Protections
Homestead Exemptions vs. Homestead Protections
There’s a potential battle brewing in Tallahassee over homestead exemptions. No matter what side of the issue you’re on, the important thing from a legal standpoint is understanding that the media tends to mix two different concepts of what a homestead exemption means. Homestead Exemptions As we all know, our homes are taxed based… Read More »
Don’t Lose Those Homestead Protections
Florida’ constitution provides broad protection for a homestead. Your homestead is generally protected from creditors, and protected even from bankruptcy courts. A homestead is generally considered a great asset protection mechanism, and there are also very significant breaks on taxes for homestead properties. A family only gets to declare one homestead (other than those… Read More »
