Posts Tagged 'inheriting land'

Inheriting Land Located in Multiple States Thrusts Florida Heirs into Costly Probate Proceedings

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For many families, owning land is a rewarding way to build wealth while creating a tangible legacy for future generations.  But along with claiming a slice of the American dream, land ownership carries a number of responsibilities, including the annual payment of property taxes, having an estate plan, and articulating one’s vision for the use of the land by future generations.

If a Florida resident owns land located in multiple states and dies intestate (without a will), transferring ownership ...

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