Difference Between a Will and Trust in Florida
The main difference between a will and a trust in Florida is how they handle the distribution and management of your assets. While a will becomes effective only after you die, a trust takes effect…
The main difference between a will and a trust in Florida is how they handle the distribution and management of your assets. While a will becomes effective only after you die, a trust takes effect…
An S corporation (S Corp) is a type of corporation that meets specific Internal Revenue Code requirements, offering the benefits of pass-through taxation to its shareholders. This means profits and losses can be passed through…
A living trust does not completely avoid estate taxes, but it can help reduce them. Assets in a living trust are still considered part of your estate for tax purposes. Certain types of trusts can…
A living trust does not protect your assets from a lawsuit. A living trust is a “self-settled” trust, which means the person who creates and funds the trust is also a trust beneficiary. Florida law states that…
Quick Summary What Is a Revocable Living Trust? A revocable living trust is a contract agreement with a trustee who holds legal title to your assets during your lifetime and distributes them after your death….