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Florida

West's Florida Statutes Annotated. Title XLII. Estates and Trusts (Chapters 731740). Chapter 736. Florida Trust Code. Part IV. Creation, Validity, Modification, and Termination.

Statute Details
Printable Version
Citation: FL ST 736.0408

Citation: West's F. S. A. 736.0408


Last Checked by Web Center Staff: 11/2013

Summary:   This Florida statute provides that a trust may be created to provide for the care of an animal alive during the settlor's lifetime. The trust terminates on the death of the animal or, if the trust was created to provide for the care of more than one animal alive during the settlor's lifetime, on the death of the last surviving animal.


Statute in Full:

(1) A trust may be created to provide for the care of an animal alive during the settlor's lifetime. The trust terminates on the death of the animal or, if the trust was created to provide for the care of more than one animal alive during the settlor's lifetime, on the death of the last surviving animal.

(2) A trust authorized by this section may be enforced by a person appointed in the terms of the trust or, if no person is appointed, by a person appointed by the court. A person having an interest in the welfare of the animal may request the court to appoint a person to enforce the trust or to remove a person appointed.

(3) Property of a trust authorized by this section may be applied only to the intended use of the property, except to the extent the court determines that the value of the trust property exceeds the amount required for the intended use. Except as otherwise provided in the terms of the trust, property not required for the intended use must be distributed to the settlor, if then living, otherwise as part of the settlor's estate.

CREDIT(S)

Added by Laws 2006, c. 2006–217, § 4, eff. July 1, 2007.

 



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