The Florida Bar Publishes Part One of Article Penned by Attorney Joseph Percopo

Published: March 5, 2024

(Orlando, FL) In part of his article series “Florida Irrevocable Grantor Homestead Trust: Having Your Cake and Eating It Too – First Course”, Dean Mead attorney Joseph Percopo presents how a Florida irrevocable grantor homestead trust (“FIGHT”) can be used to retain homestead benefits while simultaneously avoiding homestead burdens.

Presented in two “courses”, the first course discusses F.S. §732.4017, which introduces a path in which Florida Homeowners could transfer a remainder interest in a homestead trust, and analyzes the intended purpose of the FIGHT. A link to the complete article follows: https://www.floridabar.org/the-florida-bar-journal/florida-irrevocable-grantor-homestead-trust-having-your-cake-and-eating-it-too-first-course/.

The second course of this article takes a deep dive into various important considerations that should be understood and contemplated before drafting a FIGHT and conveying Florida homestead. It is anticipated Part Two will be published by the Florida Bar in Summer 2024.

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