Florida | Wills and Trusts

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Asked on: 2/29/12, 7:55 pm

Isn't the purpose of a trust to avoid the probate court when the first trustee dies?

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There are many reasons for a trust. Avoiding the probate court is just one of them. ...

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John Harmon

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Four main reasons to creating a Trust. #1 To Avoid Probate #2 Reduce Federal Estate Taxes #3 Long Term Distribution of Assets #4 Control of Assets when Grantor is Incapacitated...

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Richard Kaplan

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However, if you have r/e property, it will need to be probated. ...

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Lucreita Becude

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Most trusts are set up in order to avoid probate when the Grantor/Settlor/maker dies. That person is usually the trustee, but the death of a trustee has no bearing on probate....

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Frank J. Pyle

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