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Category Archives: Trust Administration

Prince’s estate may owe more than it’s worth

By Kuhn Law Firm, P.A. |

Estate planning is more than just determining who gets what. This legal process can also be used to help reduce the taxes imposed on your estate. A failure to put together a plan leaves your estate at the mercy of the government – which can lead to steep tax bills. How steep? In short,… Read More »

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There can be both benefits and risks with a living trust

By Kuhn Law Firm, P.A. |

A living trust can be a solid addition to a testator’s estate plan. But this kind of estate planning tool is not for everyone in Florida, and it’s important to understand that this kind of trust offers both advantages and disadvantages. So here is a brief look at some of the benefits and risks… Read More »

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Do’s and don’ts on leaving a trust as a beneficiary for an IRA

By Kuhn Law Firm, P.A. |

When it comes to estate planning, some Florida residents are like ostriches and bury their head in an attempt not to think about it. However, there is one estate planning technique that must not be ignored or considered lightly. It must be carefully thought out and the benefits weighed against the disadvantages. This procedure… Read More »

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Trusts can be an important part of a complete estate plan

By Kuhn Law Firm, P.A. |

Trusts can sometimes be complex and intimidating to understand but they can also be an important part of a complete estate plan. A will and the documents that accompany it, which can include trusts, is the solid foundation of any estate plan. A variety of documents can accompany an estate plan, including wills and… Read More »

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Are there trusts that can help someone who has special needs?

By Kuhn Law Firm, P.A. |

Most Florida residents only want the best for their loved ones and they will always try to provide for them even after they are gone by including them as estate beneficiaries. However, some of these family members may have special physical, mental or emotional needs and they may be receiving benefits from government programs… Read More »

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Lawsuit claims partner stole millions from other pantyhose heir

By Kuhn Law Firm, P.A. |

Differences between business partners can be a fairly common occurrence. These differences can even continue after one of the partners dies and the other partner and the testator’s family members both inherit the estate. This is apparently true for the heirs to the estate of the creator of the L’eggs pantyhose container. One of… Read More »

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Common kinds of fiduciary duty

By Kuhn Law Firm, P.A. |

It is common when drawing up estate plans to name someone to take care of and oversee these plans in order to ensure that the testator’s wishes are explicitly followed. This person is usually known as an executor, depending on the types of estate plan documents that have been developed. Once named, the executor… Read More »

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Trustees must act in the bests of the trust or face legal action

By Kuhn Law Firm, P.A. |

When people create an estate plan they trust that the people who are administering this plan will work to carry out their final wishes. Florida residents take great care using estate planning documents for the benefit of their loved ones. However, they do need to rely on others to carry it out after their… Read More »

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Are there different kinds of trusts?

By Kuhn Law Firm, P.A. |

A trust is a specific kind of estate planning tool that can complement your will and allow you to control different kinds of property that you may own. A trust allows you to transfer ownership of specific property to another person known as a trustee. The trustee will then supervise the property for a… Read More »

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Avoiding probate with a Florida living trust

By Kuhn Law Firm, P.A. |

Probate can be a time-consuming and potentially costly situation for many Florida residents. Probate is the method by which a grantor’s debts are paid and his or her property and assets are distributed to their heirs. But it can take many months for a decedent’s heirs to receive their portion of the assets and… Read More »

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