Florida Statute 736.08147 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XLII
ESTATES AND TRUSTS

Chapter 736
FLORIDA TRUST CODE

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F.S. 736.08147

736.08147 Duty to distribute trust income.—If a will or trust instrument granting income to the settlor’s or testator’s spouse for life is silent as to the time of distribution of income and the frequency of distributions, the trustee shall distribute all net income, as defined in chapter 738, to the spouse no less frequently than annually. This provision shall apply to any trust established before, on, or after July 1, 2007, unless the trust instrument expressly directs or permits net income to be distributed less frequently than annually.

History.—s. 8, ch. 2006-217.

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Amendments to 736.08147

Arrestable Offenses / Crimes under Fla. Stat. 736.08147

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 736.08147.

Annotations, Discussions, Cases:

Cases Citing Statute 736.08147

Total Results: 1

Donna D. Gnaegy v. Debra D. Morris

Court: District Court of Appeal of Florida | Date Filed: 2023-12-13

Snippet: Trust's beneficiaries in violation of section 736.08147, Florida Statutes (2022); invest Trust assets