Inheriting a home from a parent is a significant life event, but it often comes with complex questions—especially if the property is in a revocable trust and has an existing mortgage. If you are a beneficiary ready to make the home your primary residence, you might be asking: Can I just keep paying the mortgage? Do I have to refinance? This guide breaks down exactly how the situation works under Florida law and federal statutes based on expert insights. 1. How the Transfer of

If you are asking "What should be the price of an estate plan that includes two deeds?" , the answer depends heavily on the level of service and where you live. Online/DIY Forms:  $50 – $150 (High risk of errors) Attorney-Drafted Deeds:  $350 – $950 per deed (Plus recording fees) Basic Trust Plan (Low End):  $2,500 – $3,000 Comprehensive Trust Plan (Couples/High Service):  $5,000 – $7,000+ Note: Prices vary by state and county. The ranges above reflect typical costs for servi

Short Answer:  Yes. In Florida, a property owner can sign a deed and add you as a co-owner or beneficiary without your knowledge or signature. However, for the transfer to be legally binding, you must "accept" it. If you have recently discovered you were placed on a deed without your permission, or you are worried about unwanted property liability, this guide explains how Florida law handles these transfers and what steps you must take to protect yourself. How Is It Possible

Many people wonder if it's worth paying an attorney to prepare a property deed, or if they can save money by doing it themselves or using a less qualified helper. A real example from a recent office consultation shows why that decision matters. What Happened When a Deed Was Prepared Incorrectly A father owned his property outright. He entered a long-term relationship with a woman and decided to add her to the deed. The new deed simply listed both of their names as grantees, w

As of January 2025, the Medicaid gross monthly income limit increased from $2,829 (2024) to $2,991 . Yes – it went from $2,829 to $2,991. It’s a small increase (typical every year to account for inflation), but it’s an increase, and that extra $162 per month now lets some people qualify automatically who were previously $50–$100 over the old limit. The 2025 Medicaid Numbers You Need to Know Gross Monthly Income Limit: $2,991 Asset Limit: $2,000  (unchanged) – you must be able

During an estate planning consultation I ran into a situation I’ve seen many times over the years—one that I suspect happens far more often than people realize. Because so many families face the same dilemma, I wanted to break it down in a way that can help others who are weighing similar choices in their estate planning. Meet “Bob” and His Two Estate Planning Goals For privacy reasons, we’ll call today’s client “Bob.” Bob came in with two very common goals: Keep costs as low