What is the name of your state? Florida
Hello,
According to Florida Law, is it possible for my sister to buy a house in her name and place it in residential usufruct (lifetime) for me?
How to go about it? Or, if the feasibility of this choice is inexistent, what is the best alternative, tax-wise and costwise?
If possible, I would like to do this through the process of Usufruct, as stated above.
Thank you in advance for your replies.
Hello,
According to Florida Law, is it possible for my sister to buy a house in her name and place it in residential usufruct (lifetime) for me?
How to go about it? Or, if the feasibility of this choice is inexistent, what is the best alternative, tax-wise and costwise?
If possible, I would like to do this through the process of Usufruct, as stated above.
Thank you in advance for your replies.