What Does it mean to be a “Qualified Beneficiary” of a West Palm Beach Trust?

Are you the beneficiary of a Florida trust? Do you know what your rights are as a beneficiary of a trust in Florida? Who are “qualified beneficiaries” under the Florida Trust Code? When should you speak with a West Palm Beach probate lawyer? Do you need a West Palm Beach trust lawyer if you are the beneficiary of a trust in Florida? Are you confused about whether or not you are a beneficiary of a trust? You may want to read a January 9.2019 Fourth DCA opinion, Hadassah v. Melcer. 

Here, there is a disagreement as to whether a charity is a qualified beneficiary of a Florida trust or not. The court explains that having the rights of a qualified beneficiary of a Florida trust is important because, under the Florida Trust Code, a trustee is only required to ” inform and account” to a trust’s qualified beneficiaries.  Are you confused as to whether you are a qualified beneficiary of a Florida trust? Click here to read the entire case, or call (561)514-0900 ext.101 for a free consultation with a Florida trust lawyer.