Trust and Estate Archives - Beller Law, P.L.

23 Apr, 2023

Unlocking the Flexibility of Trusts: Understanding the Options for Modifying Trusts

Juris Digital2023-05-29T20:37:57-04:00April 23rd, 2023|Trust and Estate|

Unlocking the Flexibility of Trusts: Understanding the Options for Modifying Trusts

An effective estate plan is essential to caring for our loved ones once we pass. Estate plans let us control how we wish to distribute our assets and property. They can also maximize the benefit provided to beneficiaries.

Trusts are often an integral aspect of a well-informed estate plan. They offer increased flexibility and […]

25 Jan, 2023

Mistakes Parents Make When Setting Up A Trust Fund

Juris Digital2024-04-09T09:34:20-04:00January 25th, 2023|Trust and Estate|

Discover how to safeguard your child’s financial future by avoiding common mistakes in trust fund setup, ensuring their success and security.

Key Takeaways

Critical Importance of a Trustee: The choice of trustee is paramount; a reliable individual or professional ensures the trust’s goals are met.
Specificity in Asset Distribution: Conditions for asset distribution should align with beneficiaries’ maturity and needs, […]

22 Oct, 2021

What Is a Trustee and Why Is It Important?

Rebeccah2022-12-26T10:17:53-05:00October 22nd, 2021|Trust and Estate|

For most people, the thought of creating an estate plan is not something they look forward to. However, in large part, this is because the world of estate planning contains many unfamiliar terms and concepts. For example, trusts are not something that most people have everyday experience dealing with. As humans, it’s normal for us to be hesitant to engage in something that we know very […]

10 Jan, 2021

Executory Interests vs. Contingent Remainders

Rebeccah2022-09-01T14:17:33-04:00January 10th, 2021|Trust and Estate|

When most people think about property rights, they think about who currently owns the property. In estate planning, this is referred to as a present interest. However, present interests are only one-half of the equation when it comes to property ownership. Future interests are just as important, especially when creating a Florida estate plan. Understanding future interest is crucial to effectively implementing one’s wishes […]