Trustee compensation in Florida is determined first by the terms of the Trust, then by what is reasonable under the circumstances. In Florida, if the terms of a Trust do not specify the trustee's compensation, a trustee is entitled to compensation that is reasonable...
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Month: December 2013
Where is the principal place of administration of a Trust under Florida law?
Under certain conditions, the principal place of administration of a Trust can be designated in the Trust itself. However, certain limitations may apply. In Florida, one of a Trustee's duties include declaring the principal place of administration of a Trust. The...
How many witnesses are required for a Florida Will?
In Florida, in order for a Will to be enforceable, it must be signed by the testator/testatrix in front of two witnesses. Florida law requires that when a Will is executed by a testator/testatrix, it must be in the presence of two witnesses. Essentially, the Will must...
In a Florida probate, must the Personal Representative be represented by an attorney?
With two exceptions, in a formal Florida probate, a Personal Representative must be represented by an attorney. When a formal probate is filed in Florida, one of the first steps is for the probate court to appoint a Personal Representative, This is the person who will...