Category Archives: Trusts
Types of Estate Planning Trusts
A trust is a legal document that acts as a container for assets. Just about any asset can be placed inside of a trust including bank accounts. A trustee manages the trust and a trustor is the individual who wants the trust created and transfers assets into it. Trusts are similar to wills insofar… Read More »
Do NOT Overlook Key Provisions When Creating A Florida Living Trust
Like most people considering options for estate planning, you certainly want to know more about the role that trusts can play for protecting your legacy. It is wise to understand how they work and the purposes they serve, but these factors can vary widely with the different types of trusts available under Florida law…. Read More »
Florida Trusts: Terminology And What It Means
If you are just starting the estate planning journey and want to know whether a trust is the right fit, a good starting off point is getting to know the important terminology. A helpful resource is the definitions section of the Florida Trust Code, which covers the essential parties to a trust. The settlor… Read More »
FAQs About Spendthrift Trusts In Florida Estate Planning
Many people assume that trusts are a Florida estate planning tool reserved for the wealthy, and it is true that high net worth individuals have many reasons to consider making such an arrangement. However, if you have concerns about protecting your legacy, one particular type of trust may be an option to consider: A… Read More »
4 Types of Trusts to Consider in Your Florida Estate Plan
Trusts can play an important role in anyone’s estate plan, regardless of your financial net worth. Even individuals with moderate wealth want to seek certain objectives and deal with circumstances that a will alone cannot properly address. A recent article published by Forbes describes some of the goals that trusts can help you achieve… Read More »
Checklist for Meeting with a Florida Living Trusts Attorney
No matter what your net worth may be, you know that it’s important to plan for what happens to your assets upon your passing. It’s possible that you’ve already made a smart move by creating a will, but there may come a time to consider your options with a living trust. A recent Forbes… Read More »
3 Things to Know About Crummey Trusts in Estate Planning
A will, durable power of attorney, and designation of health care agent are the basic building blocks of a Florida estate plan. However, there may come a point in your life that you need to consider additional strategies to protect your assets, family, and other interests. One option that may appeal to you if… Read More »
