trust

Should I Consider a Ladybird Deed as Part of My Estate Planning Strategy?

Should I Consider a Ladybird Deed as Part of My Estate Planning Strategy? | Lindsay Allen Law - Naples Attorneys at Law

Ladybird deeds are popular devices for transferring real property. Homeowners may use a ladybird deed to designate a family member or other heir to inherit the property on the death of the homeowner. These deeds provide numerous other benefits as well. What Is a Ladybird Deed? Some thirty years ago, a law professor created a hypothetical […]

Tags: , , , , , , , , ,

Read more

All About the Trust Protector in Florida

All About the Trust Protector in Florida

Clients sometimes request irrevocable trusts for estate tax avoidance, creditor protection, or other purposes. Because of the loss of control associated with irrevocable trusts, clients often ask whether anything can be done to address future uncertainties. One answer to this question is the use of a ‘Trust Protector’. Properly structured, a trust with a Trust […]

Tags: , , ,

Read more

Florida’s Escheat Process and The Treasure Hunt

Florida's Escheat Process and The Treasure Hunt | Lindsay Allen Law - Naples Attorneys at Law

Occasionally, we receive questions from clients about Florida’s escheat process. The primary concern clients have is that the State of Florida – rather than the clients’ children and other heirs – will receive the clients’ estate when the clients die. Happily, this is generally not the case. What is the Escheat Process? Simply put, the […]

Tags: , , , , ,

Read more

All About Beneficiary Designations

Beneficiary Designations Explained

Beneficiary designations are a common element in estate plans. We have opportunities to set up these arrangements when purchasing life insurance, setting up retirement plans and bank accounts, and on other occasions. It is a good idea to slow down and think about beneficiary designations. Correctly used, beneficiary designations can be a great convenience that […]

Tags: , , , , , , , ,

Read more

What You Need to Know About Irrevocable Trust Planning

Irrevocable Trust Planning

As perhaps a universal rule, clients desire to retain the flexibility to change their estate plans. Changes may become desirable as family members are born or die, as estates increase or decrease, as desires and objectives change, and as other life events occur. Irrevocable trust planning refers to a subset of estate plans in which […]

Tags: , , , , , , , ,

Read more

Top