Ganon J. Studenberg focuses his practice to estate planning and matters involving... more
Ganon J. Studenberg focuses his practice to estate planning and matters involving the administration of trusts and estates. He is a member of The Florida Bar and U.S. Tax Court. Mr. Studenberg graduated from the University of Florida with a B.S. in Marketing and Minor in Economics in 2001; Nova Southeastern University Shepard Broad Law Center, J.D. (Juris Doctor) in 2005; and University of Miam... view profile
Besides being Board Certified in Elder Law by the American Bar Association and... more
Besides being Board Certified in Elder Law by the American Bar Association and admitted to practice in front of the U.S. Court of Military Appeals since 1982, I have a Graduate Certification from from the Atlanta Institute of Music and am an Accredited Veteran's Administration Attorney. I am an Air Force "brat" and former Captain in the U.S. Air Force JAG Corp (Judge Advocate Gen... view profile
A trust is an arrangement whereby someone owns and manages money or property for another person's benefit. Like a guardianship, a trustee has decision-making authority over the trust property, but no court is involved in the trustee's action–the person who creates the trust defines the scope of the trustee's power. There are many different trust types, including probate trusts, income trusts, spendthrift trusts, and educational trusts. For example, a living trust allows you to manage your property while you are alive and to direct who will manage it if you become incapable of doing so. In essence, you choose your own “guardian” in advance and avoid having the court do it for you. A trust attorney reviews the many reasons for establishing a trust with you, and can ensure your trust will be legally valid.