Blog Posts in November, 2013
Posted on Nov 25, 2013 By The Presser Law Firm, P.A.
Dying without a will means that you are dying "intestate." Your estate will be administered according to state law rather than your personal preferences. Florida State Law has an order of ...
Continue reading "What happens if I die without a will?" »
Posted on Nov 18, 2013 By The Presser Law Firm, P.A.
State laws do differ on who can claim the homestead protection. Several states give homestead protection only to the head of the household, but most states allow either spouse to claim homestead. This ...
Continue reading "Can married couples apply their homestead exemption against the debts of only one spouse?" »
Posted on Nov 11, 2013 By The Presser Law Firm, P.A.
Most states impose procedural requirements for one to claim homestead protection. Usually, you must file a declaration of homestead in the public registry. Other states impose a residency period ...
Continue reading "What procedural steps are necessary to claim homestead protection?" »
Posted on Nov 4, 2013 By The Presser Law Firm, P.A.
Simply subtract your mortgage from your home's fair market value. A $300,000 home with a $150,000 mortgage has a $150,000 equity. If your state homestead law shelters $20,000, you have a $130,000 ...
Continue reading "How do I calculate my exposed home equity?" »