Estate and Succession Planning
Dean Mead’s Estate and Succession Planning Department is one of the largest and most respected groups of estate planning attorneys in Florida. We are frequently…
Published: May 1, 2024
Orlando, FL) In part two of his article series “Florida Irrevocable Grantor Homestead Trust: Having Your Cake and Eating It Too – Second Course”, Dean Mead attorney Joseph Percopo serves up additional details to consider when contemplating a Florida irrevocable grantor homestead trust (“FIGHT”).
Percopo writes, “The FIGHT is a unique trust with a highly focused purpose to avoid devise restriction during the period that a transferor has a minor child, while simultaneously maintaining homestead creditor protection and tax benefits for the transferor.” He continues, “While the FIGHT is not for everyone, it is a complex tool to be aware of and great caution should be exercised when drafting a FIGHT.”
Following is a link to the complete article: https://www.floridabar.org/the-florida-bar-journal/florida-irrevocable-grantor-homestead-trust-having-your-cake-and-eating-it-too-second-course/.
A link to part one or the “First Course” follows: https://www.floridabar.org/the-florida-bar-journal/florida-irrevocable-grantor-homestead-trust-having-your-cake-and-eating-it-too-first-course/.
