The Florida Senate

737.115  Notice of trustee duties.--

(1)  A trust described in s. 733.707(3) must contain a notice that the trustee may have duties and responsibilities in addition to those described in the instrument creating the trust. The notice may, but need not, read as follows:

"The trustee of a trust may have duties and responsibilities in addition to those described in the instrument creating the trust. If you have questions you should obtain legal advice."

(2)  The absence of the notice described in this section in the trust instrument does not affect the validity of the trust. A trustee is not relieved of any duty if the notice is not contained in the trust instrument. No person is liable for the failure to include the notice in the trust instrument.

(3)  This section applies to all trusts described in s. 733.707(3) and amendments to those trusts executed on or after January 1, 2003.

History.--s. 7, ch. 2002-82.