Many Florida residents are moving away from traditional wills in favor of living trusts when planning their estates. While both tools serve important functions, trusts provide more flexibility and control—especially when avoiding probate is a priority. For those seeking privacy and streamlined transfers, a living trust often provides a more effective alternative.

Probate Avoidance Drives Interest in Living Trusts

One of the leading reasons Floridians are opting for living trusts is the desire to avoid probate court. Probate in Florida can be lengthy, public, and costly, particularly for those with real estate or valuable assets. A properly funded trust allows assets to transfer directly to beneficiaries without judicial involvement.

By bypassing probate:

  • Families receive distributions faster

  • Legal costs and court fees are reduced

  • Details of the estate remain private

  • There’s less risk of court challenges or delays

If you’re concerned about how your estate would be handled, working with a trust creation attorney can help ensure your assets are protected and efficiently passed on.

Living Trusts Offer More Control Than Wills

Living trusts allow you to set more specific rules for how and when assets are distributed. For example, you can delay inheritance until beneficiaries reach a certain age or spread distributions over time. This level of detail can be important for blended families or heirs with special needs.

With a trust, you can:

  • Appoint a successor trustee to manage distributions

  • Structure phased payments to beneficiaries

  • Protect minors by appointing responsible asset managers

  • Set contingency plans if a beneficiary is unavailable

In contrast, a will simply directs probate distribution, without the built-in flexibility of an ongoing administration plan.

Trusts Are Ideal for Snowbirds with Multi-State Property

Florida residents who own property in multiple states benefit from trusts because they eliminate the need for ancillary probate in other jurisdictions. Without a trust, each out-of-state property may require separate court proceedings. This adds cost and complexity, especially for heirs living out of state.

Trusts help:

  • Consolidate management of properties under one legal instrument

  • Avoid probate in other states where property is held

  • Simplify transitions for heirs, even across borders

  • Ensure consistent handling of real estate titles

For snowbirds, creating a revocable trust is often the most efficient way to manage homes in Florida and elsewhere.

Trusts Can Offer Continued Asset Management After Death

Unlike wills, trusts continue functioning after your death. That means your trustee can keep managing the trust’s assets, pay bills, handle taxes, and distribute property over time. This is particularly helpful when beneficiaries are young or when property needs to be sold first.

Trusts allow post-death management such as:

  • Continuing investment of funds until distribution

  • Managing rental or commercial property

  • Paying debts or final expenses directly from trust assets

  • Delaying transfers until milestones are reached

This continuity can protect the estate from being mismanaged or lost during legal delays.

Whether you’re concerned about probate, want more control, or simply need help getting started, our team at Kelley, Grant & Tanis, P.A. is here to guide you.

Call 1-877-871-8300 to speak with our estate planning team.

Living Trusts Can Be Amended or Revoked

Florida revocable trusts allow you to change your instructions as your life circumstances evolve. You can update beneficiaries, modify distribution rules, or remove property as needed. This flexibility ensures your estate plan reflects current priorities, without the need to create a new document each time.

You can revise a living trust to:

  • Add or remove assets

  • Replace or update your trustee

  • Change beneficiaries as relationships shift

  • Adjust terms as financial situations evolve

This adaptability is a strong advantage for residents whose personal or financial lives may change over time.

Trusts Support Long-Term Care and Incapacity Planning

Another reason living trusts are gaining popularity is that they support incapacity planning. If you become ill or unable to manage your affairs, your successor trustee can immediately step in and continue managing your assets. This eliminates the need for court-appointed guardianship.

With a trust, you can:

  • Name a backup trustee in case of incapacity

  • Ensure your bills and medical needs are paid without delay

  • Prevent court involvement in personal decisions

  • Avoid confusion among family members during emergencies

This makes trusts not only useful for death planning but also for life’s unexpected turns.

Closing Thoughts

Living trusts give Florida residents more control, flexibility, and peace of mind than traditional wills alone. With the ability to avoid probate and plan for complex family situations, they’re becoming the preferred estate planning tool. Our attorneys can help structure and fund your trust properly to meet your needs.

Thinking about how a trust compares to a will in your specific situation? Speak to our Florida estate planning attorneys about what tool is right for your goals. 

Call 1-877-871-8300 to get started today.

Florida Living Trust FAQs

What’s the difference between a living trust and a will?

A living trust manages your assets during your life and distributes them without court involvement after death. A will only takes effect when you pass and requires probate. Trusts offer more control and privacy, while wills are simpler but slower to execute.

Can I have both a living trust and a will?

Yes, and most people do. A “pour-over” will is used to transfer any assets not already in the trust at the time of death. This ensures that no property is left out of your estate plan.

How does a trust help my family avoid probate?

Assets held in a properly funded living trust do not go through probate. Your trustee can transfer property directly to your named beneficiaries. This saves time, keeps the process private, and often reduces legal fees.

Do living trusts protect assets from creditors?

No, a revocable living trust does not protect your assets from creditors during your lifetime. However, it can shield your beneficiaries from certain liabilities after your death if structured properly. For asset protection, other legal tools may be necessary.

Can I change the terms of my trust?

Yes, if it is a revocable trust. You can update terms, beneficiaries, or trustees at any time while you’re mentally competent. This makes it a flexible option for changing life circumstances.

Who should be my trustee?

Most people name themselves as the trustee initially, with a successor named in case of death or incapacity. Successors are often spouses, adult children, or a trusted professional. Choosing someone organized and reliable is key.

What happens if I forget to put something into the trust?

If you forget to fund an asset into the trust, that asset may go through probate. This is why many attorneys recommend a pour-over will as backup. Regularly reviewing and updating your trust funding is important.

Are living trusts only for the wealthy?

No, many middle-income families use trusts to simplify estate transfers and avoid probate costs. It’s more about control and efficiency than wealth. Anyone with real estate or multiple heirs can benefit.