Category Archives: Trusts
Advantages of an Irrevocable Trust in Naples, FL
When considering your estate plan, there can be advantages of an irrevocable trust. It can provide you with solid protection for your assets while offering certain valuable protections. Creating an estate plan in Florida takes careful consideration and knowledge, and knowing if you should have an irrevocable trust will require the advice of an… Read More »
How Do you Dissolve a Trust in Naples FL?
People create trusts for a range of reasons, but their basic purpose is primarily to hold assets or property outside of an estate. A trust exists to serve the needs of the beneficiaries until it is no longer needed. But if the trust isn’t serving those needs, or it wasn’t set up properly, it… Read More »
Types of Trusts in Estate Planning
One of the easiest ways to ensure that your assets are handed down to your beneficiaries is to establish at least one trust in your estate plan. Aside from a will, trusts are also one of the best ways to ensure that your affairs are handled in the way you dictate. You’ll avoid handing… Read More »
Two Types of Charitable Trusts
A charitable trust refers to a type of trust created to benefit three specific parties: yourself, your beneficiaries, and a charity of your choosing. Irrevocable upon creation, a charitable trust operates by selling the assets within the trust and distributing them based on the terms created by the trust. While the inner workings of… Read More »
What Is A Florida Revocable Living Trust?
When most people think about estate planning, they will execute a will and be done with the entire process. In reality, there are multiple different types of estate planning instruments, and many will actually serve your purposes much better than a simple will. One of these instruments is a trust, and perhaps the most… Read More »