Juan C. Antúnez in his Florida Probate & Trust Litigation Blog discusses the probate look through rule and where it applies. The article begins as follows:
One of the basic building blocks of modern Florida estate planning is the “pour over” will/revocable trust combination. Which means it’s extremely common to find yourself administering a probate estate in which your primary — if not only beneficiary — is a trust. In those cases, the first question you need to ask yourself is whether the trustee of the trust or a beneficiary of the trust is going to be the “beneficiary” or “interested person” of your estate you need to account to. In other words, does the probate look through rule apply?
To see the full article, click : “When does the probate look through rule apply, and why should you care?”
Posted by Isabella King, Associate Editor, Wealth Strategies Journal.