Prenuptial
Agreements - Constitutional Restrictions
on Devise of Homestead Property
Why
Marriages Don't Work Out | When
to Consider a Prenuptial Agreement
Reasons Some Prenuptial Agreements Are Not Valid | Talking
About the Prenuptial Agreement
Constitutional Restrictions on Devise of Homestead
Property | Waiver of Rights
in Retirement Plans
The Art of
Marriage
The Florida Constitution
prohibits the devise of homestead property if the owner is survived
by a spouse or minor child. Although the purpose of this constitutional
restriction is to protect the family, it is often inconsistent with
that person's wishes. The Florida Constitution's restrictions can be
simply stated as three rules: (1) If the homestead owner is survived
by a child under the age of 18, the homestead property may never be
devised; (2) If the homestead owner his survived by their spouse but
no minor children, the homestead property may only be devised to the
surviving spouse; and (3) If the homestead owner is not survived by
their spouse nor a minor child, only then are they free to devise the
homestead property any way they wish.
If the homestead
owner is married and doesn't follow these rules, the surviving spouse
receives a life estate in the homestead property and the homestead owner's
lineal descendants receive ownership subject to the life estate.
One of the ways
around the Constitutional restriction on devising homestead property
is for those rights to be waived in a prenuptial agreement. This written
waiver permits homestead property to pass under the provisions of a
person's will.