TRUSTS

Do you need to put a property in a Trust?
We can help you with any of your Trust needs.    It can be a simple Trust or a complicated Trust.  At Fairway Title Company our Attorney Run Staff can set up any kind of Trust.

A Revocable Trust can spare your relatives the trouble and expense of dealing with the Probate Court.   Florida’s probate system can be cumbersome and family members often live at great distances so a Revocable Trust can eliminate the need to file a probate and can instead be used as quick efficient and legal way to sell and administer real property.

A well structured Revocable Trust can save probate fees and simplify the inheritance process.  A revocable trust allows you to retain full control of the trust during your lifetime while avoiding probate upon your death.

Some advantages of setting up a Revocable Trust are:

• May Avoid  fees and taxes commonly associated with probate
• Protect your asset for your spouse and family.
• Assets including real property in a revocable trust are protected from the costs of medical care and most of your creditors.
• Allow you to change the trust in any way during your lifetime
• The Trustee of the trust manages the assets for you and you and your spouse are typically the first trustee.
• Upon your death or incapacity, the successor trustee ( likely a family member or spouse) then  manages the assets
• The Assets held in the Revocable Trust avoid probate upon your death, potentially saving your family time and money and stress.

 Please click here for more information about setting up a Trust.