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Bill

SB 806

Florida Trust Code

2025 Regular Session Introduced by Clay Yarborough

Florida amended its Trust Code via companion legislation to modify trustee duties, beneficiary rights, and asset protection standards in estate planning.

Laid on Table, companion bill(s) passed, see CS/CS/HB 1173 (Ch. 2025-18)
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Bill Summary · SB 806

Legislative bill overview

SB 806 proposes amendments to Florida's Trust Code, the statutory framework governing how trusts are created, managed, and enforced in the state. The bill was substituted by a companion House bill (CS/CS/HB 1173) that ultimately passed and became law (Chapter 2025-18), making SB 806 technically superseded.

Why is this important

Trust law changes affect estate planning, wealth transfer, fiduciary responsibilities, and the rights of beneficiaries across Florida. Since the companion House version passed into law, these changes now govern how thousands of Floridians manage family wealth, charitable giving, and long-term asset protection strategies.

Potential points of contention

  • Fiduciary accountability standards - Changes to trustee duties and liability could either strengthen beneficiary protections or reduce trustee legal exposure depending on specific provisions
  • Settlor intent vs. statutory override - Amendments may clarify whether trustees must follow original trust language or comply with new statutory requirements, creating conflicts in existing trusts
  • Creditor and tax implications - Modifications to trust asset protection rules could affect creditor claims, tax planning strategies, and the enforceability of spendthrift provisions

Compiled from official sources — confirm details with the bill’s official record.

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