Florida Trust Administration Lawyer
In Florida, people who are trust administrators are given a tremendous amount of responsibility to act on behalf of beneficiaries of the trust. The law also provides protective measures against the possible temptations to abuse your power. As a trustee, your general responsibilities include:
- Answering questions from trust beneficiaries
- Distributing trust income to beneficiaries as directed by the trust agreement
- Holding trust property
- Issuing statements of account and tax reports to the trust beneficiaries
- Investing the trust assets
- Keeping records of trust transactions
- Making tax decisions about the trust
If you are a trustee and have questions regarding how a trust is administered, contact Cocoa Beach attorney Kevin P. Markey for advice. I have spent 24 years helping people develop trusts, and I have a vast knowledge about the laws that govern your role and responsibilities as a trust administrator.
I provide a flexible fee structure for my trust administration services, so you will not have to pay for services you do not need.
Brevard County Probate Lawyer
The probate process in Florida is designed to transfer assets from a person who has died to his or her beneficiaries. It is also set up to ensure that creditors, taxes and expenses are paid before any distribution of assets can take place.
The probate process can take anywhere from two months to over a year, but it is dependent upon the complexity of the estate and what issues need to be resolved. I can represent you if you are a surviving spouse or other family member.
I can also represent you if you want to make sure your family is protected from going through the probate process. Getting your estate in order includes making sure your property and assets are properly titled. If you do not have an experienced attorney who takes the time to make sure everything is done correctly, then your family may have to go through the probate process.