I live in CA, and have for many years. I own a 50% interest in my grandfather's house in Florida. He is 89 years old and has Parkinson's disease. There is approximately $100,000 equity in his house.
He has homesteaded the house. If I file BK in California, is his house in Florida going to be sold to pay my debts?
Or is he protected by the Florida homestead which is unlimited?
If you have any ideas, please help me help Grampa.
Thank you from the bottom of my heart.
He has homesteaded the house. If I file BK in California, is his house in Florida going to be sold to pay my debts?
Or is he protected by the Florida homestead which is unlimited?
If you have any ideas, please help me help Grampa.
Thank you from the bottom of my heart.