Never Give a House as a Gift - Episode 207

In this week’s episode of the Crushing Debt Podcast, I cover three different topics:

1. Beneficial amendments to Florida’s Documentary Stamp Tax statutes, eliminating this particular tax for transfers of property between spouses.

2. Partition lawsuits and why it is never a good idea to gift real estate to your significant other, and expect to be repaid when for household expenses when the relationship ends.

3. The difference between in personam jurisdiction (personal) and in rem jurisdiction (property), and how that relates to the bank’s ability to get a deficiency judgment in a mortgage foreclosure lawsuit.

Please remember to visit our new sponsor - Attorneys First Insurance at www.AttorneysFirst.com.

I want to do another listener-question show.  Please send me any legal questions you want me to answer in an upcoming episode(s). If I don’t know the answer, I can find an attorney in my network who will.  Shawn@YesnerLaw.com or www.YesnerLaw.com.