Trusts

Summary

The bill creates a new Florida statute that permits a trustee who has largely complied with accounting duties to end their service and be discharged by sending a comprehensive trust disclosure to beneficiaries, co‑trustees and any successor trustee. Beneficiaries have 60 days to file a written objection; if none are received, the trustee is freed from liability after completing the distribution plan. It applies to irrevocable trusts.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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