Many of my clients current live in another state and are considering moving to Florida for asset protection purposes. Almost everyone wants to know when homestead protection applies to a new Florida home they will buy. The general answer is that the owner has to actually live in the home as a permanent residence to make the house a Florida homestead

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Homestead Occupancy: What It Takes To Make Land A Homestead

Today, April 30, 2009, the Wall Street Journal published an article on Short Sales. The Journal report is consistent with items previously posted on this Blog.

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The Truth About Short Sales According To Wall Street Journal

Section 222.21 of the Florida Statutes exempts retirement plans that have been preapproved by the IRS as exempt from taxation pursuant to Section 401(a) of the Internal Revenue Code. In a recent bankruptcy proceeding the court considered a debtor’s claimed exemption of his tax deferred Keogh plan

Here is the original:
Keogh Plan: Bankruptcy Court Denies Exemption To Debtor Who Is Sole Owner And Sole Participant