Learn about trusts and how they can protect your assets. Discover the benefits of setting up a trust for your financial future.
The Difference between Revocable and Irrevocable Trusts When considering Orlando estate planning, one of the most important decisions you’ll face is choosing between a revocable and irrevocable trust. Both options offer distinct advantages and disadvantages that can impact your estate plan, asset protection, and the probate process. Understanding these differences is crucial in making informed…
What is a Florida Revocable Trust? A revocable trust in Florida is a legal fiction, meaning that you and the trust are the same things as long as you’re alive. As you file your income taxes, you file the assets listed in the living trust as you would other assets that give you an income….
You shouldn’t think that estate planning is exclusively for the elderly or the affluent. If you have a home or a business, or if you provide for your family in central Florida, speak promptly with an Orlando estate planning lawyer about establishing a will or a trust. There is no one-size-fits-all estate planning strategy. No…