PTM Legal

Yes, a revocable trust can be converted into an irrevocable trust in Florida. The simplest way to accomplish this is through a …

Legal Commentary on Fla. Stat. § 736.1301 Fla. Stat. § 736.1301 preempts the federal Electronic Signatures in Global and National Commerce Act …

Legal Commentary on Fla. Stat. § 736.1303 Fla. Stat. § 736.1303 establishes that trusts are included under the Florida Trust Code even …

Legal Commentary on Fla. Stat. § 736.0507 Fla. Stat. § 736.0507 establishes that a personal creditor of a trustee cannot go after …

Legal Commentary on Fla. Stat. § 736.1003 Fla. Stat. § 736.1003 makes clear that a trustee is liable for any loss of …

Legal Commentary on Fla. Stat. § 736.0811 Fla. Stat. § 736.0811 establishes that a trustee has a duty to “take reasonable steps” …

Legal Commentary on the Definition of “Beneficiary” Fla. Stat. § 736.0103(4) defines the term “beneficiary.” The text of the subsection reads: “Beneficiary” …

Legal Commentary on Fla. Stat. § 736.151 Fla. Stat. § 736.151 makes clear that real property in a community property trust may …

Legal Commentary on Fla. Stat. § 736.1401 Fla. Stat. § 736.1401 gives the Florida Uniform Directed Trust Act its name. Text of …

Legal Commentary on Fla. Stat. § 736.1506 Fla. Stat. § 736.1506 explains the rights and limitations of a creditor who might want …

Legal Commentary on Fla. Stat. § 736.1506 Fla. Stat. § 736.1509 makes clear that a community property trust does not shield assets …

I have (foolishly) made it my goal to provide legal commentary for the entire Florida Trust Code. So far as I am …

Legal Commentary on the Definition of “Guardian of the Person” Fla. Stat. § 736.0103(11) defines the term “guardian of the person.” The …

Legal Commentary on Fla. Stat. § 736.1501 Fla. Stat. § 736.1501 gives the Community Property Trust Act its name. Text of Fla. …

Legal Commentary on Fla. Stat. § 736.1502 Fla. Stat. § 736.1502 provides a list of definitions which apply to the entirety of …

Legal Commentary on Fla. Stat. § 736.1503 Fla. Stat. § 736.1503 lists the four main requirements of a community property trust. However, …

Legal Commentary on Fla. Stat. § 736.0203 Fla. Stat. § 736.0203 gives the Florida circuit courts original jurisdiction over all matters which …

Legal Commentary on Fla. Stat. § 736.0404 Fla. Stat. § 736.0404 limits the allowed purposes of a trust. A trust cannot be …

Legal Commentary on Fla. Stat. § 736.0104 Fla. Stat. § 736.0104 specifies when a person is deemed to know a fact under …

Legal Commentary on the Definition of “Action” Fla. Stat. § 736.0103(1) defines the term “action” as it applies to trustees. The text …

Legal Commentary on Fla. Stat. § 736.08125 Fla. Stat. § 736.08125 protects successor trustees from being liable for the actions of former …

Legal Commentary on Fla. Stat. § 736.1302 Fla. Stat. § 736.1302 is a severability clause for the Florida Trust Code. The statute …

Legal Commentary on Fla. Stat. § 736.0705 Fla. Stat. § 736.0705 establishes the process by which a trustee may resign. At common …

Legal Commentary on Fla. Stat. § 736.0601 Fla. Stat. § 736.0601 establishes the capacity level required for someone to act as a …

Legal Commentary on Fla. Stat. § 736.0101 Fla. Stat. § 736.0101 serves as an introduction to the Florida Trust Code and provides …

Legal Commentary on Fla. Stat. § 736.0102 Fla. Stat. § 736.0102 limits the application of the Florida Trust Code and creates a …

Legal Commentary on Fla. Stat. § 736.0106 Fla. Stat. § 736.0106 makes clear that the common law regarding trusts has not been …

Legal Commentary on Fla. Stat. § 736.1108 Fla. Stat. § 736.1108 takes away a trustee’s ability to enforce a “no contest” or …