September 15, 2020
Florida Land Trust
A Florida Land Trust is a great instrument when it comes to Estate Planning and Asset Protection. The Florida Land Trust, also known as the Florida Land Trust Act under Fla. Stat. ยง689.071 is a private agreement among several people to operate, manage, and hold legal title to Florida real property for the benefit of the trustee or beneficiaries. The real property is conveyed to a trustee under an arrangement reserving for the beneficiaries the management and control of the property. The beneficiaries may collect rent, improve, operate, use and sell the property without holding legal title. [...]