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Asset Protection and Estate Planning Florida Homestead Services -- Florida Homestead Exemption Act MiniBB / Asset Protection and Estate Planning /  

Did Florida's new trust code weaken existing creditor protections for Florida irrevocable trusts?

Author johnbsims3
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#1 - Posted: 21 Aug 2008 06:51 
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:

Read more HERE by Juan Antunez

Asset Protection and Estate Planning Florida Homestead Services -- Florida Homestead Exemption Act MiniBB / Asset Protection and Estate Planning /
Did Florida's new trust code weaken existing creditor protections for Florida irrevocable trusts?
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