How Do You Fund A Living Trust?
A living trust only works if you transfer your assets to the trust. The process of retitling your assets in the name of the trustee of your living trust is referred to as “funding the…
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A living trust only works if you transfer your assets to the trust. The process of retitling your assets in the name of the trustee of your living trust is referred to as “funding the…
Our estate planning clients usually want to know how they can change their living trust during their lifetime if their family situation or goals change. We explain to them that you can always amend, or…
Sometimes clients ask me about loan contracts they may have signed many years ago. These contracts often have a section or paragraph that states the borrower waives all of the statutory exemptions, including their homestead…
We get many questions from clients about offshore trusts and how they work. Here are the most common ones. How does an offshore trust work? An offshore trust is essentially a conventional trust that is…
What Is a Dynasty Trust? A dynasty trust is an estate planning trust that provides estate tax savings and asset protection throughout multiple generations. As with any Florida trust arrangement, a dynasty trust is a…
What Is a Bulletproof Trust? Is there such a thing as a perfect, bulletproof trust? Or is the term merely an exaggeration to market expensive trust plans that do not accomplish what the promoters promise?…
A lady bird deed, also known as an enhanced life estate deed, is a real estate planning tool that allows you to transfer property to automatically a beneficiary upon your death while retaining control and…
If you are at fault in a car accident in Florida, you must contact your insurance provider to report the incident and discuss your coverage options. You should also evaluate your financial exposure and explore…
Creditors use various strategies to collect a judgment in Florida, focusing on the debtor’s assets and income sources. Here are the main ways a creditor can collect a judgment in Florida: Wage Garnishment This involves…
The main difference between a will and a trust in Florida is how they handle the distribution and management of your assets. While a will becomes effective only after you die, a trust takes effect…