Maximum number of designated relatives

Fla. Stat. § 662.120 — under Chapter 662.

Fla. Stat. § 662.120

(1) A family trust company may not have more than one designated relative.(2) A licensed family trust company may have up to two designated relatives. The designated relatives may not have a common ancestor within three generations.

(1) A family trust company may not have more than one designated relative.

(2) A licensed family trust company may have up to two designated relatives. The designated relatives may not have a common ancestor within three generations.