9 chapters · 470 sections in this title.
Fla. Stat. § 736.1501 Short title
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This part may be cited as the “Community Property Trust Act.”History.—s. 29, ch. 2021-183.
Fla. Stat. § 736.1502 Definitions
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Unless the context otherwise requires, as used in this part:(1) “Community property” means the property and the appreciation of and income from the property owned by a qualified trustee of a community property trust during the marriage of the settlor spouses. The property owned b…
Fla. Stat. § 736.1503 Requirements for community property trust
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An arrangement is a community property trust if one or both settlor spouses transfer property to a trust that:(1) Expressly declares that the trust is a community property trust within the meaning of this part.(2) Has at least one trustee who is a qualified trustee, provided that…
Fla. Stat. § 736.1504 Agreement establishing community property trust; amendments and revocation
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(1) In the agreement establishing a community property trust, the settlor spouses may agree upon:(a) The rights and obligations in the property transferred to the trust, notwithstanding when and where the property is acquired or located.(b) The management and control of the prope…