TRUST

TYPES OF TRUSTS IN FLORIDA | TRUSTEE POWERS & DUTIES Are you ready to unlock the intricacies of trusts in Florida and discover the powers and duties of a trustee? Trusts, like hidden treasure chests, hold vast potential for safeguarding assets and ensuring their seamless transition to beneficiaries. But how do you determine if someone … Read more

Florida Statute §733.2123 Are you aware that Florida Statute §733.2123 can have a significant impact on the distribution of assets in probate cases? Imagine a scenario where a wealthy individual passes away, leaving behind a complex estate plan involving a variety of trusts. This statute comes into play when determining the rights of beneficiaries and … Read more

FLORIDA TRUST ADMINISTRATION CHECKLIST | TRUST When it comes to managing a trust in Florida, there are certain steps and responsibilities that need to be addressed. You might say it’s like navigating a well-structured checklist that ensures all the necessary tasks are completed. However, understanding and fulfilling these fiduciary duties can be a complex and … Read more

INCOME TAX ISSUES | HOW TO AVOID WITH TRUSTS Are you tired of dealing with income tax issues? Well, what if there was a way to avoid them altogether? Trusts might just be the solution you’ve been searching for. With the ever-changing laws surrounding income taxes, it’s crucial to stay up to date and ensure … Read more

IRREVOCABLE TRUSTS | WHAT HAPPENS WHEN THE GRANTOR DIES? Picture this: you’ve worked tirelessly to create an airtight plan for the future, ensuring that your loved ones are taken care of even after you’re gone. One way to achieve this is through an irrevocable trust, a legal instrument that offers a sense of security and … Read more

FLORIDA PROBATE | MODIFYING AN IRREVOCALBE TRUST Did you know that an irrevocable trust can be modified in Florida? Yes, you read that correctly. While the term ‘irrevocable’ may lead you to believe that once a trust is set in stone, it cannot be changed, there are circumstances in which modifications can be made. But … Read more

HOW TO AVOID PROBATE WITH ESTATE PLANNING & TRUSTS Imagine your estate as a delicate puzzle, each piece representing a part of your life. Now, picture probate as a clumsy hand, fumbling with those pieces, causing delays and complications. But fear not, for there is a solution to avoid this chaotic dance altogether. By utilizing … Read more

PORTABILITY LAW | ESTATE TAX EXEMPTIONS TO SURVIVING SPOUSE Have you ever wondered how estate tax exemptions work for a surviving spouse? There is a theory floating around that the portability law allows the transfer of any unused estate tax exemption from one spouse to another. But is this theory true? It’s time to uncover … Read more

TRUST VS CONSERVATORSHIP | WHICH IS BETTER AND WHY Are you tired of constantly worrying about what will happen to your assets and finances in the future? Well, look no further! In this discussion, we will explore the age-old debate of trust versus conservatorship and determine which option is truly the superior choice. Brace yourself … Read more

TRUSTS AND TAX EXEMPTIONS | ADVANTAGES OF SETTING UP TRUSTS Imagine a world where your hard-earned money and assets are sheltered from the grasps of excessive taxes, giving you peace of mind and financial stability. Setting up trusts can be the key to unlocking this symbol of financial freedom. But what exactly are the advantages … Read more