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A Trust Can Be an Important Estate Planning Option for Snowbirds

Many people have adopted the snowbird lifestyle. They choose which weather conditions they prefer and spend part of the year in a house they own in one state (for instance, the summer) and the other part of the year in a house they own in another state (for instance, the winter).

When you own real estate in more than one state, avoiding probate becomes an important consideration in putting your estate plan together. This is because when you die, in most cases, a probate will have to be opened in each state where you own real estate in order to pass title to that real estate to your beneficiaries. The primary probate will be in the state in which you had your domicile (your primary residence) and the secondary probate will be in the other state.

When you have to open a probate in multiple states, the cost can really start to add up. If however, instead of owning the real estate in your name, you instead put the real estate into a revocable living trust, then the real estate title could pass to your beneficiaries at your death through the terms of the trust, rather than through probate. This would save you the cost of opening probate in multiple states.

So, if you have adopted the snowbird lifestyle and own real estate in more than one state, you will want to discuss with an estate planning attorney whether a revocable living trust is something that makes sense for you and your estate plan.

  • Why Choose
    Our Firm?

    We limit the number of clients that we have at one time, allowing us to focus on your case.

    Personalized Representation
  • Know the
    Benefits

    Find out if you and your family can benefit from our elder law planning services!

    More Information
  • Dedicated & Experienced

    Our firm exclusively handles elder law concerns so your family can obtain peace of mind.

    Meet Your Attorney
  • Complimentary Consultation

    Let us help. Request your consultation today and we will be in touch.

    Contact Us Now

Contact Us

Edwards Elder Law, P.A.
St. Petersburg Elder Law Attorney
Located at: 2510 1st Ave. N.,
St. Petersburg, FL 33713
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Phone: (727) 755-5808
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