When a Last Will and Testament devises a person’s assets in a certain way, can the Personal Representative and beneficiaries follow a different distribution plan? In simple terms, the Personal Representative must distribute the estate assets as provided in the Will or...
There are numerous ways to transfer assets to an heir when you pass away. Many people will simply put these assets in their will, and they can then name beneficiaries who take control of the assets. The estate executor inventories the assets, pays off debts and then...
Florida’s Trust Code, set forth in Chapter 736, Fla Stat., defines who is a “qualified beneficiary” under a Trust and sets forth the rights such a beneficiary has with regard to the administration of the Trust. Some of the more important rights of a qualified...
