SECTION 736.0804. Prudent administration.

Latest version.

1A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distribution requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.

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

Bills Cite this Section:

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Cited by Court Cases:

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