⚖️ Can You Trust Your Trustee? Florida Trust Code Explained

Описание: If you are a beneficiary of a Florida trust, or serving as a trustee, you need to understand this:

Trusts are often created to avoid court supervision — but that does NOT mean trustees operate without legal accountability.

Under the Florida Trust Code (Chapter 736, Florida Statutes), trustees owe powerful fiduciary duties, including:

• § 736.0801 – Duty to Administer in Good Faith
• § 736.0802 – Duty of Loyalty
• § 736.0804 – Prudent Administration
• § 736.0813 – Duty to Inform and Account
• § 736.0708 – Reasonable Compensation Only
• § 736.0706 – Removal of Trustee

You can read the rules and statutes word for word here:
👉 https://floridarules.net

👉 Florida Probate & Trust Rules: https://floridarules.net/probate-rules/

Common Trustee Problems in Florida

As a Florida trust litigation attorney, I frequently see:

• Failure to provide accountings
• Excessive trustee compensation
• Self-dealing transactions
• Commingling funds
• Risky or imprudent investing
• Lack of transparency with beneficiaries

Florida law allows beneficiaries to:

✔ Demand a formal accounting
✔ Petition the court for supervision
✔ Seek removal of a trustee
✔ Seek surcharge for financial misconduct

Trust administration is private — but it is not lawless.

For Trustees

If you are serving as trustee in Florida:

• Document everything
• Keep accounts separate
• Avoid conflicts of interest
• Communicate clearly
• Seek legal guidance when unsure

Fiduciary duty is one of the highest legal obligations under Florida law.

For more Florida probate and trust rules — word for word — visit:
👉 https://floridarules.net

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