On behalf of The Levins & Warnock Law Group | May 17, 2019 | Trust Administration
If you are getting ready to sit down with your attorney to create an estate plan, one of the trusts you need to have an understanding of is the inter vivos trust. This trust is created by the trustor when putting together the estate plan. An alternate name for this...
On behalf of The Levins & Warnock Law Group | Apr 12, 2019 | Trust Administration
Creating a trust is one of the most important parts of putting together your estate plan. But, did you know that you can change the trustee whenever you see fit? That’s right; the trustee you choose is not set there for eternity. You can make a change for...
On behalf of The Levins & Warnock Law Group | Mar 8, 2019 | Firm News, Trust Administration
Creating a revocable trust is one option you have to make sure your estate is passed to your beneficiaries upon your death. A revocable trust is created by signing a document and naming a person, corporation or both entities to be the administrator of the trust. The...
On behalf of The Levins & Warnock Law Group | Jan 18, 2019 | Trust Administration
When a loved one passes away and decides to leave some of their assets in a trust, the trust then governs what happens with that money. This goes beyond merely what is written in the will. For instance, a person may consider leaving $100,000 to a grandchild so that...
On behalf of The Levins & Warnock Law Group | Nov 30, 2018 | Trust Administration
The way that the trust administration process plays out depends on the specific stipulations in that trust, the goals of the original creator of the document and what type of trust it is. Everyone who sets up a trust should have considered all of their options to...
On behalf of The Levins & Warnock Law Group | Oct 19, 2018 | Trust Administration
Your parents left you an educational trust so that you would never have to worry about tuition costs. However, you have quickly learned that life comes with a lot of other costs, and you’re wondering if you can use the trust for anything else. It’s not as...
On behalf of The Levins & Warnock Law Group | Sep 7, 2018 | Trust Administration
Choosing the right trustee is one of the most important parts of developing an estate plan. A trust helps you protect yourself, your assets and your loved ones once you are gone. If you don’t choose someone who is responsible enough to handle the trust, then you...
On behalf of The Levins & Warnock Law Group | Aug 2, 2018 | Trust Administration
It’s a smart idea in life to have a living trust. It’s an even smarter idea to review that living trust every so often. How often should you review the contents of your trust? This is an interesting question that brings with it a four-part answer. There...
On behalf of The Levins & Warnock Law Group | Jun 29, 2018 | Trust Administration
If you are asked to be a trustee for someone in your life in Fort Myers, Florida, then you likely want to know what it is you are responsible for. There are quite a few responsibilities you will need to handle when you accept this role for someone close to you in...
On behalf of The Levins & Warnock Law Group | May 11, 2018 | Trust Administration
One of the most difficult times in life is deciding when a senior citizen should move from one’s dream retirement community in Florida to an assisted living facility. Many seniors will need to make this decision themselves, while others will have help from their...
