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- Title
Florida Family Trust Companies: Tax and Nontax Considerations.
- Authors
Maiec, Brian M.; Bowman, Scott A.
- Abstract
The article discusses several of the tax- and nontax-related aspects of Florida family trust companies (FTCs), and it mentions how the Florida Family Trust Company Act was signed into law on June 13, 2014. According to the article, unresolved U.S. federal income and transfer tax issues could impact the use of FTCs in Florida and other American states. Florida's state trust laws are examined, as well as information about fiduciaries, state regulations, and the definition of a family member.
- Subjects
FLORIDA; UNITED States; TRUST companies; TAXATION of family trusts; STATUTES; INCOME tax; INHERITANCE &; transfer tax; STATE laws; TRUSTS &; trustees; STATE regulation; TAXATION
- Publication
Florida Bar Journal, 2015, Vol 89, Issue 5, p42
- ISSN
0015-3915
- Publication type
Article