Wednesday, October 22, 2014

We have a quit claim deed to a home we own in FL. We would like to transfer the home to our uncle who lives in the home (homestead/tax purpo...

Question

We have a quit claim deed to a home we own in FL. We would like to transfer the home to our uncle who lives in the home (homestead/tax purposes). Upon his death we want the home to be transferred back to us. How can this be worded and done in a quit claim deed?



Answer

You need to hire an attorney. You can transfer property to

A life estate with remainder back

To

You. There are implications for which you need to consult with an attorney



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