What is Florida Trust Funding?

What is Florida Trust Funding?

A trust is a legal arrangement in which the trust maker (referred to as “trustor” or “settlor”) transfers the ownership of assets to a trustee (fiduciary). The trustee holds nominal ownership of the assets on…

Can a Creditor Open an Estate in Florida?

Can a Creditor Open an Estate in Florida?

Under the Florida Probate Code, a decedent’s estate subject to probate is responsible for paying any remaining creditors’ claims after that person’s death. If none of the decedent’s loved ones file in court to open…

Is Florida a Full Disclosure State?

Is Florida a Full Disclosure State?

The Sunshine State is one of the hottest real estate markets in the country. To protect prospective buyers, Florida law requires sellers to disclose any issues that affect the value of the home materially or…