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  2. I Live in Florida. Do I Need a Living Trust or Will (Or Both)?

    www.aol.com/live-florida-living-trust-both...

    Trustees in Florida are held to a fiduciary standard, which means they must act in the best interests of the trust beneficiaries at all times. Trustees who commit a breach of fiduciary duty may be ...

  3. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    Qualified beneficiaries" are defined as a beneficiary who, on the date the beneficiary's qualification is determined: (A) is a distributee or permissible distributee of trust income or principal; (B) would become a distributee or permissible distributee of trust income or principal if a present distributees' interest ended on that date without ...

  4. Probate - Wikipedia

    en.wikipedia.org/wiki/Probate

    In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the state where the deceased resided at the time of their death.

  5. Elective share - Wikipedia

    en.wikipedia.org/wiki/Elective_share

    The elective share is the modern version of the English common law concepts of dower and curtesy, both of which reserved certain portions of a decedent's estate which were reserved for the surviving spouse to prevent them from falling into poverty and becoming a burden on the community.

  6. 3 Reasons to Seriously Consider Using a Living Trust to Pass ...

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  7. Is It Possible for My Beneficiaries to Transfer Property ...

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    So, the beneficiaries must fulfill specific requirements, such as reaching adulthood, to inherit property from the trust. Likewise, the trustee has a role to play, described as follows. Transfer ...

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