Florida’s Homestead Laws offer substantial protection to residents. The Florida Homestead Exemption provides creditor protection, tax benefits, and transfer restrictions. The Homestead Exemption only applies to ONE, primary residence. You may have other homes: however, only one may be used under the Homestead Exemption. The Constitutional Homestead Exemption is different from the homestead tax exemption….
In the state of Florida, trusts serve as a vital estate planning mechanism, allowing individuals to safeguard and direct their assets both during their life and after their passing. The linchpin of any trust’s proper functioning is the trustee, who is charged with the task of managing the trust’s assets in the best interests of…
Tortious Interference With Inheritance in Florida Navigating the loss of a loved one can be a challenging time, made even more complex when one discovers that they have been deprived of an expected inheritance. For those in Florida facing such circumstances, there is a legal avenue known as tortious interference with an expected inheritance. It’s…
Florida Trust Laws Trusts are legal entities created to hold and manage assets for the benefit of designated individuals or entities; they are governed by state-specific rules and statutes. This article discusses Florida trust laws and their intricacies. It’s crucial to understand that the information presented on this page serves as a directional guide and…
Removing a Beneficiary from a Trust in Florida A trust is a legal document that enables individuals (grantors) to manage and distribute their assets for the benefit of specific beneficiaries. Sometimes, situations arise where beneficiaries need to be removed from a trust. The grantor may make any necessary changes to the trust document with the…