Can a Trustee Be Removed in Florida?
By Phil Rarick, Weston Trust Attorney, and Jasmine Benitez, Legal Assistant
The answer is yes – under certain circumstances, a trustee can be removed from their duties. A trustee has a high fiduciary responsibility to act in the best interest of the qualified beneficiaries, but if they fail to do so, there are legal grounds for removal.
Should You Use a Lady Bird Deed or a Trust in Florida?
By Jacqueline R. Bowden Gold, Broward Estate Planning Attorney
When planning your estate in Florida, you may have heard about Lady Bird Deeds (Enhanced Life Estate Deeds) and Revocable Living Trusts as tools to transfer property while avoiding probate. But which is the better option for your situation? This guide will compare both, explaining their benefits, drawbacks, and key considerations.
Does a Florida Land Trust Provide Asset Protection?
By Phil Rarick, Weston Trust Attorney, and Jasmine Benitez, Legal Assistant
Many real estate investors wrongly believe that a Florida Land Trust can offer asset protection. While this type of trust is known for providing privacy and simplifying estate planning, they do not provide comprehensive protection from creditors or legal claims. A better option is often a multi-member Florida limited liability company with a strong operating agreement that takes advantage of Florida’s anti-Olmstead law.
What is the Best Probate Option for Me in Florida?
By Jacqueline R. Bowden Gold, Broward Probate Attorney
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BOI Report Filing Deadline Is December 31
By: Phil Rarick, Miami Trust Attorney
Note: This Alert is for any owner of a LLC, corporation, limited partnership, or professional association. It is in follow up to our past notices about the requirements of the Beneficial Ownership Information (BOI) report under the new Corporate Transparency Act (CTA) and the upcoming deadlines.
Understanding Spousal Rights Under Florida Probate Law:
What You Need to Know
By Jacqueline R. Bowden Gold, Weston Probate Attorney
Why Florida Residents Should Use Wyoming LLC with Caution
By: Jacqueline R. Bowden Gold, Miami Business Law Attorney
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3 CREATIVE WAYS FAMILY LAW ATTORNEYS CAN USE TRUSTS
By: Phillip B. Rarick, Miami Trust Attorney, and Maria C. Gonzalez, B.C.C., Family Law Attorney
The following note is a brief review of three popular trusts that can help ensure compliance with future financial obligations set forth in a Pre-Nuptial Agreement or Marital Settlement Agreement.
The Importance of Your Adult Child Naming a Healthcare Surrogate and Power of Attorney
By: Jacqueline R. Bowden Gold, Miami Estate Planning Attorney
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Florida Trust & Probate Attorneys Blog
