Legal Question in Wills and Trusts in Florida
Florida Marital Trust
Is a bank successor trustee obligated to invest 50% of aFlorida Marital trust for growth for the remainder benificiaries and 50% invested for income for the spouse even though the decedent left the monies for iincome for the surviving spouse?
Asked on 5/17/07, 7:45 pm
2 Answers from Attorneys
David Slater
David P. Slater, Esq.
Re: Florida Marital Trust
I know of no such requirement.
Answered on 5/19/07, 10:11 pm
Gordon Nicol
Law Office of Gordon T. Nicol
Re: Florida Marital Trust
You should have an attorney review the trust documents if you are concered at the manner in which the trust is being handled.
Answered on 5/22/07, 12:11 pm
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