Establishing a trust is an option within estate planning to put aside assets for family, friends, non-profits, any beneficiary you choose. But should you establish a trust? Can you fund a trust?
A trust is a legal creation and an important part of a successful estate plan. Its purpose is to hold assets for beneficiaries. Trusts are traditionally used to minimize estate taxes and avoid probate court, among other benefits as part of a well-crafted estate plan.
Reed Bloodworth explain what you’ll be asked to do as a Florida trustee so that you’ll know what’s expected and can try to avoid common legal problems and lawsuits.
Hi, I’m Reed Bloodworth, founding partner of Bloodworth Law. Today I’m going to take a moment to explain, what is trust or probate litigation? Well, the first issue we should address is what is a trust? A trust is a legal creation whose purpose is