Enacted in the late 19th Century, the Florida Homestead Act, a provision deeply rooted in the state's history and culture, is once again in the limelight, reflecting its enduring significance in safeguarding homeowners from economic adversities and creating great debate in litigation circles.

"There's a interesting quote from an old Florida case, 'homestead is a morass wrapped up in a conundrum,'" said Peter Sachs, shareholder with Jones Foster in West Palm Beach quoting a judge on the case.