Legal Question in Wills and Trusts in Florida
Living Trusts
If one doesn't own much, is it worth
it to generate a Living Trust?
Asked on 2/16/07, 1:49 pm
2 Answers from Attorneys
Robert Roemer
Robert Roemer
Re: Living Trusts
Yes-It depends on your situation.If you create a living trust and put your assets in it it could save from 5-20% of the probate fees your estate will pay to get your assets transfered to your beneficiaries.I offor free telephone conference to new clients so if you would like to discuss this call me at my office.
Answered on 2/16/07, 2:22 pm
Re: Living Trusts
I do not think that having a trust is in the best interests of most people of moderate means. However, each case in different and it is an issue you may want to discuss with an attorney.
Answered on 2/16/07, 3:21 pm