Insights

In the realm of trust administration and estate planning, beneficiaries often find themselves in situations where their rights or interests are at stake. While trusts are designed to safeguard assets and ensure their...

A Florida trust accounting is a document that provides an overview of the financial transactions of a trust. It is important for beneficiaries to review trust accountings carefully to ensure that the trustee is properly...

A will contest clause, or in terrorem clause, is a provision in a will that purports to penalize a beneficiary for contesting the will. The most common type of will contest clause states that if a beneficiary contests the...

Creating a trust is a powerful estate planning tool that allows individuals to protect and manage their assets while ensuring a smooth transfer of wealth to beneficiaries. However, along with the benefits of a trust comes the...

Trusts are a powerful tool for estate planning, offering a way to safeguard and distribute assets according to your wishes. However, situations may arise where the trustee of an irrevocable trust in Florida is no longer the...

In the realm of estate planning and trust administration, selecting the right trustee is crucial to ensure the smooth management and distribution of assets. For Florida trusts, individuals and institutions both offer trustee...

Selecting an appropriate trustee is crucial for any trust arrangement because trustees play a vital role in ensuring the proper administration and distribution of assets. When trustees are granted discretionary powers, it is...

Trustees play a vital role in managing and administering trust assets for the benefit of beneficiaries. However, the position of a trustee carries significant responsibilities, and trustees must adhere to a high standard of...

Trust disputes often escalate into litigation, which may involve challenging the validity of the trust itself or disputes over its interpretation and administration. Trust litigation can be similar to challenging a will...

A Florida trustee has a duty to prudently invest the trust’s funds. Such trustees are legally obligated to act in the best interests of the trust’s beneficiaries and manage the trust funds responsibly. In Florida,...