Skip to content

Fla. Stat. § 736.0817 – Florida Statutes

Text of Fla. Stat. § 736.0817

Distribution on termination.—Upon the occurrence of an event terminating or partially terminating a trust, the trustee shall proceed expeditiously to distribute the trust property to the persons entitled to the property, subject to the right of the trustee to retain a reasonable reserve for the payment of debts, expenses, and taxes. The provisions of this section are in addition to and are not in derogation of the rights of a trustee under the common law with respect to final distribution of a trust.

History of Fla. Stat. § 736.0817

Fla. Stat. § 736.0817 became law on July 1, 2007 as part of the Florida Trust Code. It has not been amended or revised since that date.