Articles Tagged with weston trust attorney

One Thing Every Parent Should Have For Their Children – Instructions!

By Phil Rarick, Weston Estate Planning Attorney

You and your spouse are finally going out for the evening.  The babysitter, a high school student,  has arrived and you are loading the young woman with last-minute instructions:  time for bed, make sure the kids brush their teeth, books to read little Tommy, etc, etc.  What is ironic is many such fretful parents leave more instructions for their babysitter when they are out for a brief night out than they would if they suddenly died.

By:  Phillip B. Rarick, Weston Estate Planning Attorney

In 2008 Florida passed an amendment to our Trust Code designed to allow a Trustee to use trust funds to pay legal fees incurred in defending a breach of trust litigation without prior court approval, so long as the Trustee gave notice to qualified beneficiaries of its intent to do so.

On its face, Florida Statute, F.S. 736.0802(10), seems to give the Trustee access to Trust funds to defend itself, but on closer examination, it creates a potential conflict of interest sandtrap.

By Phil Rarick, Esq.

May the odds be with you – but frankly they are not:

  • A recent study indicated that the average lawyer can now expect three legal malpractice claims during his or her career.
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