Tag Archives: Trust administration
Do I Need a Florida Estate Planning Lawyer to Prepare a Florida Trust?
Many people come to Florida from somewhere else. If you have relocated to Florida recently, it is a good idea to consult with a local attorney to revise your existing will or trust. Although out-of-state estate planning documents are generally valid in Florida, if you do need to make any changes, it is important… Read More »
Get the right information about trusts and estate plans
If there is one part of estate planning that many people have questions about, it is trusts and trust administration. While most people know the basics of wills and power of attorney documents, trusts can be a bit more complicated. Being appointed as a trustee can be a bit intimidating, simply because of all… Read More »
Understand the complexities of trust administration in Florida
In terms of estate planning documents, trusts are the most likely ones to cause confusion for Florida residents. This is completely understandable, as there are a multitude of options when it comes to establishing trusts, delineating the terms of a trust and administering a trust. Most people know what a will is and what… Read More »
Don’t wait to fund your trust
Revocable living trusts are a popular way for residents of Florida to pass their assets on to their loved ones. However, the story doesn’t end when the trust is written and the person creating the trust, the trustor, signs on the dotted line. In order for a trust to operate as it should, the… Read More »
Trust administration may be best left to professionals
When a person in Ft. Myers creates an estate plan, he or she may have chosen a successor trustee, a health care agent and an executor of their estate. These are all important roles that could make the difference between an estate plan that runs smoothly both during the person’s lifetime and after their… Read More »
An attorney can help in trust administration
When it comes to estate plans, a trust is one of the most common and important facets. They are specifically created to be given to beneficiaries, and the assets within a trust will become available to them when the person who created it, the trustor, has passed away or when the beneficiaries reach a… Read More »
Exploring the different types of trusts that are available
In order to assure that a person’s lifetime worth of property and assets gets properly allocated according to the owner’s wishes, there are various types of trusts available. A trust, in its simplest term, is a contract to be honored by a power of attorney or court to divide property and assets according to… Read More »
Selecting the right people to help with your trust is crucial
You’ve worked hard your entire life to fulfill your own American dream. Maybe you got married and started a family, maybe a successful career was more important to you. Whatever your situation, it is important to protect the assets you’ve earned over the years and decades of your career. It is never too early… Read More »
What are the benefits of a living trust?
A trust is established when a grantor, or the owner of property, gives permission to manage property to a trustee. The trust itself may also be known as the deed or declaration of trust and contains the rules outlined and determined by the grantor. The trustee’s responsibilities are to adhere to the terms of… Read More »
Risks and benefits of using a corporate trustee
Most Florida residents know that having an honorable and dedicated trustee should be a key part of any good estate plan. That’s why many testators choose a beloved family member or close friend to be their trustee. However, if a testator does not have a close friend or family member, they may opt to… Read More »
