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2008 Florida Code
TITLE XLII ESTATES AND TRUSTS
Chapter 736 FLORIDA TRUST CODE  
PART VIII DUTIES AND POWERS OF TRUSTEE (ss. 736.0801-736.0817)
736.0817   Distribution on termination.

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.--s. 8, ch. 2006-217.

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