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1605 Main Street, Suite 1111 • Sarasota, FL 34236-5840
Call for a consultation. 941.444.6407
Lyons, Beaudry & Harrison, P.A.

Monthly Archives: August 2014

Can Anyone Serve as Successor Trustee for a Revocable Trust?

As the name implies, a successor trustee is a trusted individual who handles the duties connected with your revocable trust in the event you lose capacity during your lifetime, and settles all remaining issues after you die. As such, your first impulse might be to name your spouse, one of your adult children or a… Read More »

Trusts: TBE or not TBE

Trusts:  TBE or not TBE Florida favors married couples holding their property  as tenants by the entireties (TBE). Probate is avoided as the property passes to the surviving spouse by operation of law.  Further, the tenancy provides creditor protection.   In essence, the TBE property belongs to neither individual spouse, but both are collectively seized in… Read More »