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Florida Statute 736.0506 - Full Text and Legal Analysis
Florida Statute 736.0506 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
F.S. 736.0506 Case Law from Google Scholar Google Search for Amendments to 736.0506

The 2025 Florida Statutes

Title XLII
ESTATES AND TRUSTS
Chapter 736
FLORIDA TRUST CODE
View Entire Chapter
F.S. 736.0506
736.0506 Overdue distribution.
(1) As used in this section, the term “mandatory distribution” means a distribution of income or principal the trustee is required to make to a beneficiary under the terms of the trust, including a distribution on termination of the trust. The term does not include a distribution subject to the exercise of the trustee’s discretion, even if:
(a) The discretion is expressed in the form of a standard of distribution; or
(b) The terms of the trust authorizing a distribution couple language of discretion with language of direction.
(2) A creditor or assignee of a beneficiary may reach a mandatory distribution of income or principal, including a distribution upon termination of the trust, if the trustee has not made the distribution to the beneficiary within a reasonable time after the designated distribution date, whether or not a trust contains a spendthrift provision.
History.s. 5, ch. 2006-217.

F.S. 736.0506 on Google Scholar

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Amendments to 736.0506


Annotations, Discussions, Cases:

Cases Citing Statute 736.0506

Total Results: 1

Miller v. Kresser

34 So. 3d 172, 2010 Fla. App. LEXIS 6152, 2010 WL 1779899

District Court of Appeal of Florida | Filed: May 5, 2010 | Docket: 1129755

Cited 4 times | Published

time after the designated distribution date. § 736.0506(2), Fla. Stat. (2009). Courts have invalidated