Ilit distributions

I agree with the other answers. In addition to comments made-an important part to consider-once the gift payment goes into the trust-the...

Selected as the best answer

First-I am a Florida attorney. The answer will depend on the language in the trust and the authorized signatories language in the trust...

My sister is on SSI but has a Supplemental Needs Trust. Do funds from the trust count as income thus reducing SSI payment?

First-I am a Florida attorney. The job of a trustee of SNT is to distribute the assets in trust so that it does not disrupt government benefits.

What legal preparations should I be aware of when allowing a minor to live with me?

It is unusal to go two days without an answer-I am Florida attorney and will try to offer some advice. It will usually work to have a complete...

What is SLAP trust..

if the trust is created as a revocable trust-the answer is YES

Can 2nd wife do this? Can we contest?

I agree with the other two responses-the wife will probably have final say. I had a case this year where the body was cremated and they "split"...

Trust, Will and spousal trust and will

I agree with Attorney Frederick-They can be done at separate times and do not have to be identical.

What is the legal obligation to distribute deceased parents household items by someone who has lived with them for 6 years.

In addition to the other answer-you should be able to keep whatever you can prove was yours and can prove what was given to you. If you do not have...

Are life insurance policies good vehicles to protect money from a potential lawsuit ?

My opinion is that insurance products can be used for asset protection under Florida statute 222. However-a lot of factors and timelines come into...

Dad died leaving a trust for support of my stepmother; she has many personal assets. How much does the trust have to pay her?

A lot of these trusts give the surviving spouse 5% or $5000(yearly) whichever is greater and support for health maintenance and support.. The...