736.0804 Prudent administration.
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Florida Code › Title XLII › Chapter 736 › Part VIII › Section 736.0804
Text
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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