Law Offices of
J. MANUEL ACEVEDO, P.A.
Altamonte Estate Planning?
What exactly is a Trust?
As with most of the legal instruments that may be used as part of a well thought out estate plan, you should consider whether
you would benefit from having a Florida trust and how a Florida trust prepared by a knowledgeable estate planning attorney
may help you achieve your goals.
Altamonte Springs Estate Planning
Lawyer serving Altamonte & Central Florida
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Estate Planning Attorney
serving Central Florida
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Intervivos and Testamentary Trusts
The Law Offices of J. Manuel Acevedo, P.A., are located at 116 North Park Avenue in Sanford, Florida, 32771.
Attorney Acevedo is a lawyer admitted to practice law in Florida, has clients from Florida, the United States, and other countries, and primarily
serves Seminole County, Volusia County, Orange County, and Lake County, and the following cities: Sanford, Longwood, Lake Mary, Heathrow,
Altamonte Springs, Casselberry, Oviedo, Goldenrod, Fern Park, Forest City, Midway, Geneva, Chuluota, Winter Springs, Wekiva Springs, Deland, Deltona,
Orange City, Debary, Lake Helen, Daytona, Deleon Springs, Orlando, Apopka, Maitland, Lockhart, Azalea Park, Winter Park, Mount Dora, Tavares, and Eustis.
Find information related to additional legal services we provide at criminal defense attorney, traffic ticket lawyer, immigration attorney, and divorce lawyer.
Etate planning consultations may include a discussion of wills, trusts, and other legal instruments to assist our Altamonte Estate Planing clients.
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A Florida trust may be created to hold and manage assets during the settlor's lifetime and sometimes to continue holding and
managing the assets after the settlor passes away. These Florida trusts are referred to as inter vivos trusts or living trusts.
"Fear of death increases in exact
proportion to increase in wealth."
Is the use of a Trust right for You?
A trust is the legal instrument in which typically a person makes an arrangement that allows a trustee to hold and manage assets
for a beneficiary or a number of beneficiaries.
1. The person making the trust, that is, the settlor, must
indicate an intent to create the trust.
2. With some limited exceptions, the trust must have a
As with most of the legal instruments that may be used as part
of a well thought out estate plan, you should consider whether
you would benefit from having a Florida trust and how a
Florida trust prepared by knowledgeable estate planning
attorney may help you achieve your goals.
Although it is almost always a good idea to have your trust in writing, there is no requirement that a Florida trust be in writing
unless the Florida trust involves some interest in real property.
Call us and
Let us Help You!
Depending on the circumstances, a Florida trust may help avoid
probate and may help avoid the need for a guardianship in the
event of a person's incapacity. However, there are positive and
negative aspects to the use of the various types of Florida trusts.
Florida Trust Requirements
In Florida, a person must be, either 18 years of age or older or an emancipated minor, and be of sound mind in order to make
a valid trust. In addition to the age and sound mind requirements, there are essentially four additional requirements that must be
complied with in order to make a Florida trust that is valid. They are as follows:
The more areas your lawyer has experience with,
the better off you will likely be. No matter what
type of legal concern you have, no matter what
type of law, our goal will always be to help you
solve your legal issues.
Call attorney Acevedo so that we may
schedule a one hour confidential consultation for
you right away and help you feel more at ease
regarding your individual situation today.
3. The person that the settlor has named to hold and
manage the asset(s), the trustee, has duties to perform.
4. The same person is not the sole trustee and the sole
A Florida trust may also be created by a person's will to hold and
manage assets only after the settlor passes away. These Florida
trusts are referred to as testamentary trusts.
If you live in Florida and you are thinking about having a trust
prepared, you should consider consulting with a
knowledgeable and experienced estate planning attorney that
is familiar with the trust laws in Florida to discuss your
If you are in the Central Florida area, call us. We will gladly
be of service to you.