Florida common law and statutes recognize the validity of spendthrift trusts.

Florida common law and statutes recognize the validity of spendthrift trusts.

From another attorney in a national consumer listserv:

Under the federal bankruptcy laws, each state is allowed to choose which type of exemptions will be available to those who file for bankruptcy in its state.  Generally the choice is between allowing the use of the federal bankruptcy exemptions and the state's own bankruptcy exemptions.

The Bankruptcy Code provides in section 522(b)(3)(B) in general for the exemption of property held as a tenant by the entirety or joint tenant to the extent that it is exempt from process under state law.Tenancy by the entireties is certain property held between a husband and a wife.

Attorney Diane L. Drain has Achieved the AV Preeminent® Rating – the Highest Possible Rating from Martindale-Hubbell®.
Phoenix, AZ (PR Newswire) June 10, 2015 – Martindale-Hubbell® has confirmed that attorney Diane L. Drain still maintains the AV Preeminent Rating, Martindale-Hubbell’s highest possible rating for both ethical standards and legal ability, even after first achieving this rating in 2006.

In a case decided by a Florida Court of Appeals in 2012, the issue presented was whether a person's long-term leasehold interest in his condominium could qualify as a "homestead" exempt from forced sale under article X, section 4 of the Florida Constitution.

By:  Steven P. Taylor
Law Office of Steven P. Taylor, PC