736.0709

Reimbursement of expenses.

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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.

Notes of Decisions

Cited in 1 case, 2018–2018 · leading case: Brown-Thill v. Brown-Thill

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Brown-Thill v. Brown-Thill (2018) “7-709, RSMo ; Fla. Stat. § 736.0709 . In addition, the court may award attorneys' fees and costs to any party to be paid by another party.”

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