Dynasty trusts are a huge growth industry [click here], and one of the main selling points for these trusts are their creditor-protection properties. When Florida adopted its version of the Uniform Trust Code in 2007 some questioned whether Florida's existing spendthrift-trust protections had been watered down. To me the answer was always an obvious "NO". But this point is important enough to reiterate again . . . and again . . . and again. Which brings me to a recently published article entitled UNIFORM TRUST CODE SECTION 503: APPLYING HAMILTON ORDERS TO SPENDTHRIFT INTERESTS, that summarizes the point nicely:
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HERE by Juan Antunez
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