Do all Revocable Trusts Avoid Probate?

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A couple of years ago, a very nice couple visited with me in my office. They had moved from Wisconsin, where their attorney was also licensed in Florida and had just completed a revision of their revocable trusts and related pour-over will, durable powers of attorney, health care surrogates and living wills. They wanted me

  • Letters of Retention

Letters of Retention

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An often misunderstood concept under trust and estate administration centers on “letters of retention.” Letters of retention are common where beneficiaries of a trust direct a trustee not to sell something that the trust holds. An example would be where Dad, during his lifetime, worked for a publicly traded company, and accrued a lot of

  • Minimizing Risk in Estate Administrations

Minimizing Risk in Estate Administrations

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When a loved one passes away owning securities, there are steps that the personal representative and/or the trustee of the decedent’s trust should immediately take to minimize investment risk during the estate administration. In today’s column I’m going to review these basic concepts. Most folks own securities in some form or another. They may own

  • How Much Direction

How Much Direction Does Your Trust Provide?

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Many revocable trusts continue on past the lifetime of the grantor to benefit a surviving spouse and children. A trust that continues on for a spouse may be known as a “marital,” “credit-shelter,” or “family trust,” and may be held solely for the spouse for her lifetime and then distribute to the children at her

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This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.