A United States veteran is someone who has served our country in some branch of active military, including the Reserve and National Guard. Many think of veterans as only those who have served in combat, but the term really encompasses a wider group who were willing to sacrifice. Of course, it goes without saying that veterans are also those who were relieved of duty in any way other than dishonorably.
With this title comes certain benefits as set about and occasionally refined by the government. In Florida, certain real estate and property benefits are in place. These include some property tax breaks allowing for $5,000 tax exemption cap for veterans with at least a 10 percent disability that is service-related. The exemption is also available for a surviving spouse who was married to the deceased veteran for at least five years and has not remarried.
There are homesteader tax exemptions for those veterans who have been certified as being totally or permanently disabled as a result of a service-related injury. This also is granted to the spouse of anyone who lost his or her life as a result of a service-related event.
Certain other requirements and allowances are given to those who have served and have been injured through service. Transference of exemption is given to qualifying spouses upon the death of the veteran and can even carry over upon the sale of the house for the remainder of the current year, which can be an added incentive for buyers.
The debt we owe our veterans is immense and the benefits they are provided are more than justified. If you need help understanding how to make the best use of your Veterans' benefitss, you may want to contact a Florida attorney well-versed in Veterans' benefits and property law.