December 14, 2018

Who Can Set-up a Florida Land Trust?

The Florida Land Trust can be set-up and used by any individual, any group of individuals, any general partnership, any limited partnership, any other revocable or irrevocable trust, another trustee or trust services provider such as an out-of-state trust company or bank, any limited liability company (LLC), any corporation, or any other type of business entity. 

The natural person or legal entity that established a Florida Land Trust is commonly referred to as the Trustor, Grantor or Settlor (“Trustor”).  The Trustor is generally the Beneficiary as well.