Florida Statutes Section 736.0804 - Prudent Administration. (Fla. Stat. § 736.0804)

736.0804 Prudent administration.—A 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.

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Last modified: September 23, 2016