Talk of The Villages Florida - View Single Post - Florida residency
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Old 10-23-2009, 11:44 AM
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Quote:
Originally Posted by MelZ View Post
If you are married and not legally seperated I believe that is called fraud.
It's not fraud, it's creative accounting. If there is no joint ownership (title) in the two homes it's perfectly legal regardless of their marital status. She would claim permanent residence and homestead for her Ohio home and he would claim permanent residence and homestead for his Florida home.

Of course, if either one were to die during this arrangement, the deceased's home would have to be probated instead of automatically passing to the surviving spouse, and that could become quite sticky.

On the other hand, if either (or both) of the above homes were jointly owned via title, then only one homestead exemption could be legally claimed.