What duties does a Florida trustee owe to beneficiaries?

A Florida trustee must administer the trust solely in the interests of the beneficiaries under section 736.0802, Florida Statutes, and a transaction affected by a conflict of interest may be voidable.

Section 736.0813 requires the trustee to keep qualified beneficiaries reasonably informed. That duty includes notice within 60 days after accepting the trust or learning that a trust has become irrevocable, a complete copy of the trust instrument on reasonable request, and, for an irrevocable trust, an accounting at least once a year.