Florida Living Trust

Florida Living Trust for Individual Who is Single, Divorced or Widow or Widower with No Children
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Control #:
FL-E0175
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Description

This Living Trust for Individual Who is Single, Divorced or Widow(er) with No Children form is a living trust form prepared for your state. It is for an individual who is either single, divorced or widowed with no children. A living trust is a trust established during a person's lifetime in which a person's assets and property are placed within the trust, usually for the purpose of estate planning. The trust then owns and manages the property held by the trust through a trustee for the benefit of named beneficiary, usually the creator of the trust (settlor). The settlor, trustee and beneficiary may all be the same person. In this way, a person may set up a trust with his or her own assets and maintain complete control and management of the assets by acting as his or her own trustee. Upon the death of the person who created the trust, the property of the trust does not go through probate proceedings, but rather passes according to provisions of the trust as set up by the creator of the trust.

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FAQ

How does a trust work after someone dies?

What happens to a joint trust when one spouse dies?

Does a spouse automatically inherit everything in Florida?

Can a trust be changed after the person dies?

What happens to a joint revocable trust when one spouse dies?

Does wife get everything when husband dies in Florida?

How much does it cost to set up a living trust in Florida?

Who is considered next of kin in Florida?

Can a trust be changed after one spouse dies?

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