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Home » Tenants by Entireties » Deed From Husband To Himself And Wife Creates Entireties Ownership Per Florida Statute

Deed From Husband To Himself And Wife Creates Entireties Ownership Per Florida Statute

ByJon Alper July 14, 2009May 22, 2020

Tenancy by entireties ownership requires certain characteristics. One requirement is that husband and wife must acquire their interest in the entireties asset simultaneously. For instance, suppose a single man has a bank account. He gets married, and after marriage he adds his wife’s name to the account as a co-owner (not just an authorized signer). The account is not an entireties account because the husband and wife acquired their interests in the account at a different time and the man opened the account before being married.

This week I encountered an exception to the rule about simultaneous ownership of entireties property. In this instance, my client purchased primary residence when he was single. After marriage deeded the property from his name to him and his wife jointly. The property exceeded ½ acre within a city so did not qualify for homestead protection. The issue was whether the residence could be considered a tenancy by entireties asset when the husband and wife did not acquire their interest at the same time in the same deed.

Florida statutes provide an exception to simultaneous title in the case of married persons owning real property as tenants by entireties. Florida Statute 689.11 provides that if one spouse owns a property in his own name and conveys the property by deed to both spouses the conveyance creates an estate by the entirety. Prior to the enactment of this statute an individual owner of homestead or other real property would have to convey the property to an unrelated third party and then have the intervening owner make a separate deed to the spouses jointly in order to establish entireties ownership of the property. In my client’s case his deed to his wife created ownership by the entireties, and his homestead would be thereafter protected from his individual creditors even if it was not fully protected under the Florida homestead umbrella.

Last updated on May 22, 2020

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    • Asset Protection
      • Asset Protection Guide
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      • Asset Protection Trust
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      • Doctors
      • Equity Stripping
      • Exemptions
      • Florida Residency
      • Fraudulent Transfers
      • Homestead Law
      • How Attorneys Help
      • Strategies
      • Tenants By Entireties
      • UTMA Accounts
    • Business Planning
      • Business Entities
      • LLCs
      • LLC Operating Agreement
      • Real Estate Investors
    • Offshore Planning
      • Nevis LLC
      • Offshore Bank Accounts
      • Offshore Planning
      • Offshore Trusts
    • Judgment Collection
      • Judgment Collection
      • Bitcoin and Cryptocurrency
      • Deficiency Judgments
      • Fact Information Sheet
      • Head of Household
      • IRS Tax Debt
      • Not Paying Judgments
      • Statute of Limitations
      • Wage Garnishment
      • Writ of Garnishment
    • Wills and Trusts
      • Avoiding Probate
      • Estate Planning
      • Gun Trusts
      • Inheritance Tax
      • Irrevocable Trusts
      • Last Will and Testament
      • Living Trusts
      • Living Will
      • LGBT Estate Planning
      • Power of Attorney
      • Probate
      • Special Needs Trust
      • Trust Administration
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      • Attorney Fees
      • Chapter 7 Bankruptcy
      • Chapter 13 Bankruptcy
      • Dealing With Creditors
      • Involuntary Bankruptcy
      • Moral Issues
      • Orlando Bankruptcy
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      • Land Trusts
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