Legal Question in Wills and Trusts in Florida

My dads revocable trust included his condo in Jupiter. We are required to have Hurricane insurance since its on the beach. When I tried to renew the policy, Universal Property insurance company refused, saying the owner was deceased. Doesn't the "trust" own the condo, and my sister and I are the trustees...meaning we are the owners? They said I would have to have the deed redone. Please advise if they are correct. Thank you

Asked on 4/17/12, 6:52 pm

3 Answers from Attorneys

0 users found helpful
0 attorneys agreed

You need to take all of the documents to a qualified attorney to review and advise what is required. Without examining what has happened, any advice would be mostly an educated guess.

Read more
Answered on 4/17/12, 7:01 pm
David Slater David P. Slater, Esq.
0 users found helpful
0 attorneys agreed

If the title to the property (the deed) is in the name of the trust, it owns it. It can be insured. The carrier just may not want to cover property owned by a trust. Talk to your agent.

Read more
Answered on 4/17/12, 7:09 pm
Lucreita Becude Lucreita D. Becude, P.A.
0 users found helpful
0 attorneys agreed

I am with Mr. Slater - suggest you find a company that is willing to insure the condo in the trust name.

Read more
Answered on 4/18/12, 8:22 am

Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Florida

Looking for something else?

Get Free Legal Advice

88953 active attorneys ready to answer your legal questions today.

Probate, Trusts, Wills & Estates Legal Forms

Browse and download our attorney-prepared and up-to-date legal forms from $4.99

Find a Legal Form

Featured Attorneys

Anthony SmithLawSmithLee's Summit, MO
Rahul Manchanda, Esq.Manchanda Law Office PLLCNew York, NY
Glen AshmanAshman Law OfficeAtlanta, GA
Find An Attorney

Are you an Attorney?

Earn additional revenue and grow your business. Join LawGuru Now