Irrevocable Trust
Jacksonville Florida Irrevocable Trust Lawyer
A Florida Irrevocable Trust cannot be canceled or changed after it is created without the consent of the parties involved. In an irrevocable trust, the grantor appoints a beneficiary and a trustee for the assets. Often they are used to preserve or protect assets from certain circumstances. Although you can be the trustee or the beneficiary they are typically setup for the benefit of someone else or with someone managing the property for your benefit. Irrevocable trusts are very useful in life insurance planning. Using a irrevocable trust can avoid probate costs and fees.
If you would like more information on Florida Irrevocable Trusts or to create a Irrevocable Trust in Jacksonville or other areas of Florida, CONTACT our Florida Trust Lawyers by email or call us at 904-685-1200 to discuss your situation today.
