Legal Question in Wills and Trusts in Florida
How much power does an executor of a will have?
Does an Executor of a will have the power to personally distribute monies that have been willed to individuals named in someone's will?
Or do those monies come directly from a trust fund set up and established by the writer of the will?
Thank you
Asked on 8/04/08, 8:16 am
1 Answer from Attorneys
Robert Roemer
Robert Roemer
Re: How much power does an executor of a will have?
The executor(pr) in florida distributes the assets to the beneficiaries either persons or trusts for persons.
Many people set up a trust so the assets can be distributed to the beneficiaries without the cost and delay of probate court.If you need assistance in this area send me a e-mail with your phone number.It is possible to reduce the cost of transfer 6-9% of the value of an average estate.
Answered on 8/04/08, 11:22 am
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