Category Archives: Validity Of Trust
Not All Trusts Are Equal: 4 Different Types of Florida Trusts
In broad terms, a trust is a legal arrangement where a grantor transfers certain property to a trustee, who then holds and administers that property for the benefit of a beneficiary. Florida law recognizes many different types of trusts. Each trust has its own unique characteristics, benefits, and potential drawbacks. Here are four of… Read More »
Does Creating a Revocable Trust Show “Intent” to Transfer Real Property?
It is common in Florida estate planning for individuals to transfer their real estate, including their homestead property (primary residence), into a revocable living trust. The trustee named in the trust takes over the legal title to the property and administers it as directed by the trust’s settlor. Typically, the trust itself–or at least… Read More »
Can You Condition A Trust Distribution On Your Child Getting Divorced?
It is not unusual to place certain conditions on an inheritance. For example, you might include language in your will stating a child will not receive their full inheritance until they reach the age of 25. Or perhaps you create a trust that states certain funds can only be used to pay for your… Read More »
Can You Actually Leave Your Estate To Your Cat Or Dog?
One of the urban legends you often hear about in probate circles is the wealthy person who left their entire fortune to their dog–or maybe their cat. While it sounds ridiculous on its face, there are people who actually believe this is legal. Of course, it is not. While your pet may be like… Read More »
Can You Challenge the Validity of a Trust in Florida?
One of the benefits of setting up a Trust is you can avoid probate or other lengthy Court proceedings. However, having a Trust doesn’t guarantee that your family members or other beneficiaries won’t seek to challenge it. Florida allows someone to challenge a Trust just as they would a Will. If there is evidence… Read More »
The Process of Challenging a Pompano Beach Trust
Many people are familiar with contesting a Will, but challenging a Trust can also happen. Challenging a Trust can be similar to challenging a Will in some ways, but it is not easy. In fact, it can be quite difficult to challenge a Trust successfully. If you believe you have a valid reason for… Read More »