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Category Archives: Trusts

EstPlan11

Differences between GRAT, GRIT, and GRUT Trusts

By Larry E. Bray, P.A. |

The Internal Revenue Code defines a “grantor trust” as a trust where the person who created the trust is the owner of its assets and property for estate tax and income tax purposes. Essentially, the grantor has control and can direct the trust’s assets and income. The use of certain kinds of trusts can… Read More »

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EstPlan2

Common Disputes in Trust Administration

By Larry E. Bray, P.A. |

A trust is a legal document that forms a division of property rights. A trustee manages the assets in the trust according to the wishes of the creator of the trust, who is also known as the grantor. The beneficiaries of a trust benefit from the assets or property in accordance with the directions… Read More »

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Pets

Legal Considerations When Leaving Money for the Care of Pets

By Larry E. Bray, P.A. |

There are many individuals who are interested in leaving money for the care and upkeep of their beloved pets. That is why the idea of pet trusts and pet care conveyances are recognized in the realm of estate planning. To accomplish this requires specialized knowledge and certainly requires attorney involvement. These are subtle nuances… Read More »

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EstPlan6

The Function of Trusts in Your Estate Planning

By Larry E. Bray, P.A. |

When it comes to estate planning, asset protection is a chief concern among individuals. They want to ensure that they secured to facilitate an accurate and efficient distribution upon death. Additionally, individuals engaged in financial and estate planning seek to find ways to pool their assets into one reserve. This provides for efficient passage… Read More »

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Will4

When You May File an Undue Influence Claim for a Will or Trust

By Larry E. Bray, P.A. |

When you believe someone unlawfully influenced your relative to alter their own will or a trust, then you need to speak with an experienced Florida probate attorney about filing an undue influence claim. Proving that one of the decedent’s other family members, friends, or acquaintances used a significant amount of persuasion, coercion, or fraud… Read More »

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EstPlan5

The Differences Between a Trust and a Will

By Larry E. Bray, P.A. |

If you are planning for the future, you have likely heard a great deal about both trusts and wills. You know they are considered critical estate planning tools. However, without more information, you may get confused regarding the similarities and differences between the two types of documents. To learn more about trusts, wills, and… Read More »

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EstatePlan5

Understanding Trusts as Part of an Estate Plan

By Larry E. Bray, P.A. |

Whether you have saved up a modest amount of assets or own a considerable estate, you have most likely put thought into how your money, property, and investments will be left to your family, friends, or organizations you support. If you created a will, you have already begun the basic process of planning your… Read More »

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