Trust decanting is the process of transferring assets from one trust to a new trust with different terms. People use trust decanting to update or improve trust terms, sometimes allowing them to avoid going to court. However, there are instances where a court might still need to approve. Here is […]

You’ve likely heard it before: An irrevocable trust is “set in stone.” So have thousands of other Florida families who assumed that signing a trust meant giving up all control. After all, once it’s irrevocable, it’s irrevocable, right? That used to be true. But thanks to laws updated over the […]

In Florida estate and trust administration, it is not uncommon for the trustee to also be a beneficiary of the same trust. At first blush, this can seem like no big deal or even logical. After all, trustees are typically family members, and in many cases, those family members are […]

Trusts are a popular option in estate planning for a variety of reasons. They allow you to transfer your assets without going through probate. They can provide significant tax benefits. You can retain greater control over your assets and allow for greater flexibility. If you are considering creating a trust, […]