Directed Trusts are becoming a more widespread option for many individuals creating an estate plan. Unlike traditional trusts, which place all responsibilities on a single trustee, a Directed Trust divides duties for greater flexibility and oversight.

In a Directed Trust, the trustee focuses on administrative tasks such as record-keeping, tax filings, and distributions. Meanwhile, a trust director or trust protector is responsible for investment and financial decisions, ensuring that assets are managed by someone with specialized expertise. This separation of roles can reduce conflicts of interest and allow for professional investment management while maintaining proper fiduciary oversight.

Directed Trusts offer several advantages, including the ability to bring in investment professionals without replacing your trustee, greater flexibility in structuring responsibilities, and added accountability since both the trustee and trust director have fiduciary duties under Florida law. These features make Directed Trusts an excellent choice for individuals with complex estates or those who want more control over how their assets are managed.

If you’re considering a trust as part of your estate plan, a Directed Trust may provide the control and protection you need. Contact our elder law attorneys at Gibbons | Neuman to schedule a consultation and explore your options.