Every trust needs at least one trustee to administer the trust and to carry on its terms. If a person designated as a trustee ceases to act as one,…
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Can a grantor be a trustee?
Can a grantor be a trustee? The Irrevocable trust is one of the most valuable tools for estate planning and Florida asset protection that is available. These trusts are…
Manifestations of Intent by Settlor
For a trust to be legally valid, it must have six elements. One of these required elements is that the settlor of the trust, or the person that creates…
Financial Planners and The Florida Asset Protection Trust
The Florida Asset Protection Trust. Most financial planners are unfamiliar with some of the modern twists available with Florida Asset Protection Trusts. This is a special type of irrevocable…
Successor Trustee: Duties and Responsibilities
You have just been asked to be a successor trustee for a Florida Living Trust. What will your trustee duties and responsibilities be? Do you want to…
Florida Living Trust – What You Should Know About Them
Florida Living Trusts are often the cornerstone of a great estate plan and provide many of our top estate planning clients benefits. Here are a few of the best…
What are the pros and cons of a Florida Revocable Trust?
A Florida Revocable Trust is a useful estate planning tool. They can be used for many functions including disposition of one’s assets upon death. In my practice I use…
Does a Revocable Trust Allow My Assets to Pass Outside of Probate Automatically?
One of the best tools estate planning attorneys in Jacksonville utilize for their clients is the Florida revocable trust. The revocable trust is also known as a living trust. …
Funding Your Revocable or Irrevocable Trust
In Florida, a trust is not valid until funded. Many trusts need to be funded prior to your death to be used in the way intended. Often, individuals create…
Florida’s New Trust Code and Some Mandatory Provisions Relating to Administration That Can Effect Existing Trusts
As a Jacksonville Living Trust Lawyer, I have noticed many changes that effect the administration of Trusts, even those which were already in existence when on July 1, 2007…