Yes, homestead property in trust can still get the homestead tax exemption, as long as the trust is set up correctly. The applicant must have beneficial or equitable title to real property for life.This blog post aims to shed light on the implications of placing Florida real property in a trust and its impact on homestead protection. You can hold Property in a Trust in the State of Florida and still maintain the homestead tax exemptions to allow you to take advantage of the tax incentives. May Florida's homestead exemption be claimed for ad valorem tax purposes on a home placed in an inter vivos trust? All legal Florida residents are eligible for a Homestead Exemption on their homes, condominiums, co-op apartments, and certain mobile home lots if they qualify. Before delving into the process of transferring a homestead to a trust, it's important to understand what the homestead exemption entails. Proof of Florida voter registration (must reflect permanent residence address). Please read the following requirements carefully.
