The 2023 Florida Statutes (including Special Session C)

Title XLII
ESTATES AND TRUSTS

Chapter 736
FLORIDA TRUST CODE

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F.S. 736.0709

736.0709 Reimbursement of expenses.—

(1) A trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for reasonable expenses that were properly incurred in the administration of the trust.

(2) An advance by the trustee of money for the protection of the trust gives rise to a lien against trust property to secure reimbursement with reasonable interest.

History.—s. 7, ch. 2006-217.

F.S. 736.0709 on Google Scholar

F.S. 736.0709 on Casetext

Amendments to 736.0709

Arrestable Offenses / Crimes under Fla. Stat. 736.0709

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 736.0709.

Annotations, Discussions, Cases:

Cases from cite.case.law:

UNITED STATES v. F. SPOOR, P. TRUSTEE OF LOUISE PAXTON GALLAGHER REVOCABLE TRUST, LLC,, 838 F.3d 1197 (11th Cir. 2016)

. . . . § 736.0709(1). Neither statute grants a security interest in property. . . . Id. § 736.0709(2) (“An advance by the trustee of money for the protection of the trust gives rise to . . .