How Does a Florida Spendthrift Trust Work?

If you are creating your estate plan and would like to set up a spendthrift trust to protect one or more of your adult loved ones, consult with an experienced estate planning attorney first. Your attorney can review your objectives, as well as the size of your estate, and help you devise a plan that fulfills your wishes.

Disadvantages of Florida Irrevocable Trust

For example, irrevocable trusts, while useful for preserving estate assets for beneficiaries, do come with certain drawbacks depending on the purpose for which the irrevocable trust was created

Selling Property in a Revocable Trust in Florida

A revocable living trust is one of the most important and useful tools in the estate planning process. It allows you to create instructions for what happens to assets owned by the trust while you are alive and well, in the event you become disabled and after you pass away.

Revoking a Revocable Trust

A trust can protect assets and real property so that beneficiaries can enjoy your legacy after you are gone. But what if you decide your existing trust is no longer needed?

How to Transfer Real Property into a Living Trust

In estate planning, living trusts allow the Trustmaker to use and access trust assets while they are alive and well, provide for their care in the event of disability and ultimately provide lifetime protection for beneficiaries, including pets. However, creating a trust and then transferring real property into the name of the trust can be confusing.

Valuables You Should Put into Your Living Trust

An experienced estate planning lawyer in Central Florida can promptly assess your situation, your property, and your assets to provide options for legal directives that will provide you and your family with the most benefits.

How to Avoid Probate with a Living Trust

The probate process can be lengthy, expensive, and complicated. It may be in your best interests to avoid probate altogether. An experienced attorney can guide you through the process of creating a comprehensive estate plan that accurately reflects your last wishes.