by Romy Jurado | Apr 4, 2022 | Estate Planning
An irrevocable trust is a trust that you cannot change, amend, or revoke once it is signed into existence. However, every rule has its exception, and irrevocable trusts are not different. In a few circumstances, it may be possible to modify the terms of an irrevocable...
by Romy Jurado | Apr 1, 2022 | Estate Planning
Trusts are valuable legal tools to avoid probate and ensure a smooth administering and distribution of assets upon the trust maker’s death or incapacity. When someone transfers the title of an asset to a trust, this person is transferring their ownership to the...
by Romy Jurado | Mar 31, 2022 | Estate Planning
Trusts provide an efficient way to avoid probate and ensure a smooth distribution of assets upon the settlor’s death. However, if things do not go as expected, is it possible to contest a trust in Florida? Keep reading to find out. How to Contest a Trust in...
by Romy Jurado | Mar 30, 2022 | Estate Planning
Florida laws grant beneficiaries a large number of privileges and protections. Therefore, whether you are a designated beneficiary to a will, a trust, or an insurance policy, it does not matter – Florida law has statutory rules to protect your rights. In this...
by Romy Jurado | Mar 22, 2022 | Estate Planning
When assigned to administer a trust, the trustee has a fiduciary duty to act in the best interest of the estate held in trust and its beneficiaries. Hence, one of the crucial responsibilities of a trustee is keeping all interested beneficiaries well-informed....
by Romy Jurado | Mar 17, 2022 | Estate Planning
It is impossible to know what lies ahead of us in the future. Therefore, one should be prepared for unexpected events with a solid estate plan. Structuring a well-founded estate plan requires a strategic approach, especially to select the legal tools (documents) that...
