How to Keep 100% Homestead Exemption on a Co-Owned Home

Florida TRIM notices are out, and property appraisers are taking a hard look at inherited homes that siblings and cousins own together when only one of them lives there. If you're in that situation, your homestead exemption may be about to shrink from 100% to only your share of the property. In this episode of Trust This, Asset Protection Attorney Joe Seagle explains a little-known quirk in Florida law: co-owners who hold title as joint tenants with rights of survivorship may keep the full homestead exemption, even when only one owner lives in the home. He covers how a corrective deed can fix the title, the survivorship trade-off every family should weigh first, and how to file a Value Adjustment Board petition with the clerk of court to protect your rights before your county's deadline. Joe then breaks down the property tax amendment on Florida's November 2026 ballot, including the larger homestead exemption, the lower cap for commercial property, new limits on what cities and counties can spend property tax revenue on, and the arguments on both sides. He also explains why every qualifying Florida homeowner should file for homestead before December 31, 2026, since those who don't may wait years before seeing the larger exemption. Listen to the full episode of Trust This, hosted by Asset Protection Attorney Joe Seagle, for the complete breakdown, and follow the show so you never miss an episode on protecting what you've built. This episode is general information, not legal advice. Consult an attorney about your specific situation. Resources Mentioned: Tom McNamara: What Happens If You Vote YES on Florida's Property Tax Amendment? | Florida Property Tax Eliminationhttps://www.youtube.com/watch?v=-GNhAzientk 📧 Have a question you want answered on our next Ask Joe episode? Leave a comment below! 📬 Subscribe: Don’t miss out on future episodes of our Trust This podcast —subscribe now! https://www.youtube.com/@TrustThisTV  📕 Unlock the power of land trusts to protect your assets and enhance your privacy with Land Trusts in Florida, 11th Edition by experts Mark Warda and Joe Seagle—get your copy now! https://mylandtrustee.com/book/  👋 Next Trust This Newsletter Alert: Stay tuned for more valuable tips and updates! https://trustthis.beehiiv.com/subscribe Protect what matters most—reach out today to explore our asset protection services, including estate planning, land trust creation, and business structuring. Book a Free Discovery Call today! https://aspirelegal.com/contact/