Florida Statute 736.0709 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XLII
ESTATES AND TRUSTS

Chapter 736
FLORIDA TRUST CODE

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F.S. 736.0709

736.0709 Reimbursement of expenses.—

(1) A trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for reasonable expenses that were properly incurred in the administration of the trust.

(2) An advance by the trustee of money for the protection of the trust gives rise to a lien against trust property to secure reimbursement with reasonable interest.

History.—s. 7, ch. 2006-217.

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Amendments to 736.0709

Annotations, Discussions, Cases:

Cases Citing Statute 736.0709

Total Results: 2

United States v. F. Gordon Spoor

838 F.3d 1197, 118 A.F.T.R.2d (RIA) 6018, 2016 U.S. App. LEXIS 17973, 2016 WL 5750986

Court of Appeals for the Eleventh Circuit | Filed: Oct 4, 2016 | Docket: 4468899

Cited 2 times | Published

trust property ... for reasonable expenses,” id. § 736.0709(1). Neither statute grants a security interest

J. SCOTT LANFORD, TRUSTEE OF THE KIRK FAMILY FOUNDATION vs ROBIN PHEMISTER, PERSONAL REPRESENTATIVE OF THE ESTATE OF MARY L. DILLARD AND AS TRUSTEE OF THE TESTAMENTARY TRUST OF MARY L. DILLARD

District Court of Appeal of Florida | Filed: Apr 8, 2022 | Docket: 60149151

Published

for reasonable trust expenses. § 736.0709(1), Fla. Stat. (2021). Similarly, an attorney