Revocable trusts are a useful tool for avoiding probate in Florida. The process involves transferring property owned during life to the trust with directions on how the assets are to be distributed after death. The individual who establishes the trust is referred to as the settlor, and the perso...
Novak, in which the Florida appeals court held that beneficiaries of a revocable trust can challenge the disbursements before a settlor dies as long as the settlor is not a trustee. Dorothy Rautbord created a revocable trust and her daughter made large withdrawals from it when she was alive. ...
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook revocable Thesaurus Financial rev·o·ca·ble (rĕv′ə-kə-bəl)alsore·vok·a·ble(rĭ-vō′-) adj. Capable of being revoked:a revocable order; a revocable vote. ...
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Paul Engelke and Judy Engelke have transferred their one-half interest in the house into separate revocable trust. After Mr. Engelke died, the trial court decided to sell the house to pay for estate expenses. The Florida court of appeals reversed this decision, holding that the house could ...
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Provides the framework for the ensuing analysis of the beneficiary aspects of administering an estate that has an inter-vivos revocable trust as a beneficiary. Effectiveness of full waiver forms; Conflict of interest issues; Identification of interested parties in administration of estate.Randolph...