Florida Homestead Law: A Client's Benefit Can Be an Adviser's Nightmare

The Bloomberg BNA Tax Management Weekly State Tax Report filters through current state developments and analyzes those critical to multistate tax planning.

Florida homestead laws present a unique and special challenge to estate planners and require that practitioners frequently review the law. In this article, Brandon A.S. Ross of Loeb & Loeb LLP discusses how a recent Florida case, Stone v. Stone, serves as a reminder to estate planning advisers of how the homestead laws baffle and surprise practitioners outside of Florida as well as the Florida courts interpreting the laws.