"Revocable Living Trusts: Essential Concepts, Questions And Answers " (1)

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Revocable Living Trusts IN FLORIDA
Essential Concepts, Questions And Answers
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Probate and Privacy
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What happens at probate?
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After you die, the property you own through your
living trust will be distributed outside of
probate
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Unlike distributing property through your last
will and testament, living trust property is kept
private, while probate property transfers are
open to public inspection
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Incapacity
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What happens if I become incapacitated?
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You have to name a successor trustee when you
create a revocable living trust
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Should you become incapacitated, the successor
trustee can step in and manage the trust
property for you
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Inheritances
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Who distributes living trust property after I die?
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The successor trustee does
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This person will have the responsibility to take
the living trust property and give it to the
heirs you identified when you created the trust
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Broader Plans
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Is a living trust all I need?
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Absolutely not
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A complete estate plan involves numerous pieces
that will complement the living trust and protect
your other interests
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Learn More About Revocable Living Trusts In
Florida
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Robert J Kulas, PA Attorneys at Law
www.kulaslaw.com
[phone]