Articles Posted in miami trust lawyer

How Do I Choose a Trustee? By Phil Rarick, Miami Trust Attorney, and Jasmine Benitez, Legal Assistant Choosing a trustee is one of the most important decisions you will make when creating a trust.   A trust is simply legally binding instructions, and you must be confident that your trustee will follow these instructions exactly and…

How to Avoid Probate and Protect Your Boat in Florida: Best Legal Strategies By Jacqueline R. Bowden Gold, Broward Estate Planning Attorney Owning a boat in Florida is a dream for many, but when it comes to estate planning, failing to properly title or protect your boat can lead to probate delays and legal issues. If…

Can a Florida Trust be Contested? By Phil Rarick, Weston Trust Attorney, and Jasmine Benitez, Legal Assistant Estate planning is essential for ensuring your wishes are carried out after you are gone. Today, the preferred choice for estate planning is a living revocable trust. But what happens if a qualified beneficiary disagrees with the terms…

What is a Florida Beneficiary’s Right to Trust Accounting? By Phil Rarick, Weston Trust Attorney, and Jasmine Benitez, Legal Assistant In Florida, qualified beneficiaries of a trust have a legal right to receive an accounting from the trustee. This accounting is a detailed report of the trust’s financial activities, including income, expenses, distributions, and the…

Can a Trustee Be Removed in Florida? By Phil Rarick, Weston Trust Attorney, and Jasmine Benitez, Legal Assistant The answer is yes – under certain circumstances, a trustee can be removed from their duties. A trustee has a high fiduciary responsibility to act in the best interest of the qualified beneficiaries, but if they fail to do…

Does a Florida Land Trust Provide Asset Protection? By Phil Rarick, Weston Trust Attorney, and Jasmine Benitez, Legal Assistant Many real estate investors wrongly believe that a Florida Land Trust can offer asset protection. While this type of trust is known for providing privacy and simplifying estate planning, they do not provide comprehensive protection from…

What is a Family Trust? By Phil Rarick, Weston Trust Attorney – Every family needs instructions in the event of disability or death. A Family Trust, also known as a Living Trust, is your detailed, legally binding instructions to care for you and your family in the event of mental incapacity or death. A trust…

BOI Report Filing Deadline Is December 31 By: Phil Rarick, Miami Trust Attorney Note: This Alert is for any owner of a LLC, corporation, limited partnership, or professional association. It is in follow up to our past notices about the requirements of the Beneficial Ownership Information (BOI) report under the new Corporate Transparency Act (CTA)…

The Importance of Your Adult Child Naming a Healthcare Surrogate and Power of Attorney By: Jacqueline R. Bowden Gold, Miami Estate Planning Attorney – When a child turns 18, they reach the legal age of majority. While they may still be living at home and supported by you, your child is considered an adult creating…

Is a Handwritten Will Valid Under Florida Law? By: Jacqueline R. Bowden Gold, Miami Lakes Estate Planning Attorney When planning for the future, a crucial step is ensuring that your wishes are respected after your death. This often involves creating a will. However, not all wills are created equal, and understanding the types of wills…