Florida real estate investors have long used land trusts as a versatile legal tool with multiple benefits. The basic framework of a land trust is as follows: The property owner conveys title through a deed to the new owner, the trust. The trustee of the trust holds legal title, while the beneficiary owns a beneficial interest in […]
Widerman Malek Law Blog
Three Common Types of Trusts
Planning for the future includes planning for the entire future. Before a person passes away, they must plan or decide where their assets will go. Many people will plan for family members to inherit their assets. Instead of worrying about those loved ones having to pay taxes on their inheritance, a trust can be set […]
Can I disinherit someone?
In Florida and many states (if not all states), the short answer is you can absolutely disinherit someone . . . mostly. There’s a catch or two though. You can disinherit anyone to a certain degree. The problem is that statutes sometimes allow certain heirs the ability to take an elective share of the elective estate […]