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Yes. If you are competent to handle your financial affairs now, there's no legal reason why you can't be the trustee of your own Living Trust. In fact, this is what most people choose to do. And if you're married, you and your spouse can act as co-trustees.

To set up a revocable living trust in Florida, you'll need to follow these requirements: The trust must be created and signed by you. You must transfer assets into the trust. There must be a successor trustee named.

How Do I Make a Living Trust in Florida? Choose whether to make an individual or shared trust. Decide what property to include in the trust. Choose a successor trustee. Decide who will be the trust's beneficiaries?that is, who will get the trust property. Create the trust document.

Examples are ?John and Jane Smith Revocable Trust dated 1/1/20?; or ?Smith Family Trust dated 1/1/20?; or ?John W. Smith and Jane A. Smith Revocable Family Trust dated 1/1/20?. Also, the name of the trust and the names of the trustees will appear on trust checks and bank statements and real es-tate deeds.

Unmarried partners can petition for palimony payments Not all states allow palimony, but Pennsylvania does. Just as with a divorce between married couples, domestic partners can each hire an attorney to advise them on the division of assets they acquired during their years together.

Cohabitation is determined by the specific circumstances in the case. The Pennsylvania Superior Court has explained that ?cohabitation may be shown by evidence of financial, social, and sexual interdependence, by a sharing of the same residence, and by other means.? Moran v. Moran, 839 A.