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To set up a revocable living trust in Florida, you'll need to follow these requirements: The trust must be created and signed by you. You must transfer assets into the trust. There must be a successor trustee named.
How Do I Make a Living Trust in Florida? Choose whether to make an individual or shared trust. Decide what property to include in the trust. Choose a successor trustee. Decide who will be the trust's beneficiaries?that is, who will get the trust property. Create the trust document.
To set up a living trust, you'll choose the type of trust you'll need, take a thorough inventory of your property, and choose a trustee. Then you'll need to draw up the trust document and sign it in front of a notary public. After that, you'll fund the trust by transferring property into the trust.
(In Florida, two witnesses are required; a witness statement automatically prints out with the Florida trust document.) But you do need to sign your living trust document in front of a notary public for your state. If you create a shared living trust, both of you need to sign the trust document in front of the notary.
To set up a revocable living trust in Florida, you'll need to follow these requirements: The trust must be created and signed by you. You must transfer assets into the trust. There must be a successor trustee named. A beneficiary will need to be named. The trust must have a provision for revocation or amendment.