Florida Senate - 2016                                     SB 540
       
       
        
       By Senator Hukill
       
       
       
       
       
       8-00335B-16                                            2016540__
    1                        A bill to be entitled                      
    2         An act relating to estates; amending s. 731.106, F.S.;
    3         providing that the validity and the effect of a
    4         specified disposition of real property be determined
    5         by Florida law; amending s. 736.0105, F.S.; conforming
    6         a provision to changes made by the act; amending s.
    7         736.0412, F.S.; providing applicability for
    8         nonjudicial modification of irrevocable trust;
    9         amending s. 736.0802, F.S.; defining the term
   10         “pleading”; authorizing a trustee to pay attorney fees
   11         and costs from the assets of the trust without
   12         specified approval or court authorization in certain
   13         circumstances; requiring the trustee to serve a
   14         written notice of intent upon each qualified
   15         beneficiary of the trust before the payment is made;
   16         requiring the notice of intent to contain specified
   17         information and to be served in a specified manner;
   18         providing that specified qualified beneficiaries may
   19         be entitled to an order compelling the refund of a
   20         specified payment to the trust; requiring the court to
   21         award specified attorney fees and costs in certain
   22         circumstances; authorizing the court to prohibit a
   23         trustee from using trust assets to make a specified
   24         payment; authorizing the court to enter an order
   25         compelling the return of specified attorney fees and
   26         costs to the trust with interest at the statutory
   27         rate; requiring the court to deny a specified motion
   28         unless the court finds a reasonable basis to conclude
   29         that there has been a breach of the trust; authorizing
   30         a court to deny the motion if it finds good cause to
   31         do so; authorizing the movant to show that a
   32         reasonable basis exists, and a trustee to rebut the
   33         showing, through specified means; authorizing the
   34         court to impose such remedies or sanctions as it deems
   35         appropriate; providing that a trustee is authorized to
   36         use trust assets in a specified manner if a claim or
   37         defense of breach of trust is withdrawn, dismissed, or
   38         judicially resolved in a trial court without a
   39         determination that the trustee has committed a breach
   40         of trust; providing that specified proceedings,
   41         remedies, and rights are not limited; amending ss.
   42         736.0816 and 736.1007, F.S.; conforming provisions to
   43         changes made by the act; providing an effective date.
   44          
   45  Be It Enacted by the Legislature of the State of Florida:
   46  
   47         Section 1. Subsection (2) of section 731.106, Florida
   48  Statutes, is amended to read:
   49         731.106 Assets of nondomiciliaries.—
   50         (2) When a nonresident decedent, whether or not a citizen
   51  of the United States, provides by will that the testamentary
   52  disposition of tangible or intangible personal property having a
   53  situs within this state, or of real property in this state,
   54  shall be construed and regulated by the laws of this state, the
   55  validity and effect of the dispositions shall be determined by
   56  Florida law. The validity and the effect of a disposition,
   57  whether intestate or testate, of real property in this state
   58  shall be determined by Florida law. The court may, and in the
   59  case of a decedent who was at the time of death a resident of a
   60  foreign country the court shall, direct the personal
   61  representative appointed in this state to make distribution
   62  directly to those designated by the decedent’s will as
   63  beneficiaries of the tangible or intangible property or to the
   64  persons entitled to receive the decedent’s personal estate under
   65  the laws of the decedent’s domicile.
   66         Section 2. Paragraph (k) of subsection (2) of section
   67  736.0105, Florida Statutes, is amended to read:
   68         736.0105 Default and mandatory rules.—
   69         (2) The terms of a trust prevail over any provision of this
   70  code except:
   71         (k) The ability to modify a trust under s. 736.0412, except
   72  as provided in s. 736.0412(4)(b) or (c).
   73         Section 3. Section 736.0412, Florida Statutes, is amended
   74  to read:
   75         736.0412 Nonjudicial modification of irrevocable trust.—
   76         (1) After the settlor’s death, a trust may be modified at
   77  any time as provided in s. 736.04113(2) upon the unanimous
   78  agreement of the trustee and all qualified beneficiaries.
   79         (2) Modification of a trust as authorized in this section
   80  is not prohibited by a spendthrift clause or by a provision in
   81  the trust instrument that prohibits amendment or revocation of
   82  the trust.
   83         (3) An agreement to modify a trust under this section is
   84  binding on a beneficiary whose interest is represented by
   85  another person under part III of this code.
   86         (4) This section does shall not apply to any trust:
   87         (a) Any trust Created prior to January 1, 2001.
   88         (b) Any trust Created after December 31, 2000, and before
   89  July 1, 2016, if, under the terms of the trust, all beneficial
   90  interests in the trust must vest or terminate within the period
   91  prescribed by the rule against perpetuities in s. 689.225(2),
   92  notwithstanding s. 689.225(2)(f), unless the terms of the trust
   93  expressly authorize nonjudicial modification.
   94         (c) Created on or after July 1, 2016, during the first 90
   95  years after it is created, unless the terms of the trust
   96  expressly authorize nonjudicial modification under this section.
   97         (d)Any trust For which a charitable deduction is allowed
   98  or allowable under the Internal Revenue Code until the
   99  termination of all charitable interests in the trust.
  100         (5) For purposes of subsection (4), a revocable trust shall
  101  be treated as created when the right of revocation terminates.
  102         (6) The provisions of this section are in addition to, and
  103  not in derogation of, rights under the common law to modify,
  104  amend, terminate, or revoke trusts.
  105         Section 4. Subsection (10) of section 736.0802, Florida
  106  Statutes, is amended to read:
  107         736.0802 Duty of loyalty.—
  108         (10) Unless otherwise provided in this subsection, payment
  109  of costs or attorney attorney’s fees incurred in any proceeding
  110  from the assets of the trust may be made by a the trustee from
  111  assets of the trust without the approval of any person and
  112  without court authorization, unless the court orders otherwise
  113  as provided in ss. 736.0816(20) and 736.1007(1) paragraph (b).
  114         (a) As used in this subsection, the term “pleading” means a
  115  pleading as defined in Rule 1.110 of the Florida Rules of Civil
  116  Procedure.
  117         (b) If a trustee incurs attorney fees or costs in
  118  connection with a claim or defense of breach of trust which is
  119  made in a filed pleading, the trustee may pay such attorney fees
  120  or costs from trust assets without the approval of any person
  121  and without any court authorization. However, the trustee must
  122  serve a written notice of intent upon each qualified beneficiary
  123  of the trust whose share of the trust may be affected by the
  124  payment before such payment is made. The notice of intent does
  125  not need to be served upon a qualified beneficiary whose
  126  identity or location is unknown to, and not reasonably
  127  ascertainable by, the trustee.
  128         (c) The notice of intent must identify the judicial
  129  proceeding in which the claim or defense of breach of trust has
  130  been made in a filed pleading and must inform the person served
  131  of his or her right under paragraph (e) to apply to the court
  132  for an order prohibiting the trustee from using trust assets to
  133  pay attorney fees or costs as provided in paragraph (b) or
  134  compelling the return of such attorney fees and costs to the
  135  trust. The notice of intent must be served by any commercial
  136  delivery service or form of mail requiring a signed receipt; the
  137  manner provided in the Florida Rules of Civil Procedure for
  138  service of process; or, as to any party over whom the court has
  139  already acquired jurisdiction in that judicial proceeding, in
  140  the manner provided for service of pleadings and other documents
  141  by the Florida Rules of Civil Procedure.
  142         (d)If a trustee has used trust assets to pay attorney fees
  143  or costs described in paragraph (b) before service of a notice
  144  of intent, any qualified beneficiary who is not barred under s.
  145  736.1008 and whose share of the trust may have been affected by
  146  such payment is entitled, upon the filing of a motion to compel
  147  the return of such payment to the trust, to an order compelling
  148  the return of such payment, with interest at the statutory rate.
  149  The court shall award attorney fees and costs incurred in
  150  connection with the motion to compel as provided in s. 736.1004.
  151         (e)Upon the motion of any qualified beneficiary who is not
  152  barred under s. 736.1008 and whose share of the trust may be
  153  affected by the use of trust assets to pay attorney fees or
  154  costs as provided in paragraph (b), the court may prohibit the
  155  trustee from using trust assets to make such payment and, if
  156  such payment has been made from trust assets after service of a
  157  notice of intent, the court may enter an order compelling the
  158  return of the attorney fees and costs to the trust, with
  159  interest at the statutory rate. In connection with any hearing
  160  on a motion brought under this paragraph:
  161         1. The court shall deny the motion unless it finds a
  162  reasonable basis to conclude that there has been a breach of
  163  trust. If the court finds there is a reasonable basis to
  164  conclude there has been a breach of trust, the court may still
  165  deny the motion if it finds good cause to do so.
  166         2. The movant may show that such reasonable basis exists,
  167  and the trustee may rebut any such showing by presenting
  168  affidavits, answers to interrogatories, admissions, depositions,
  169  and any evidence otherwise admissible under the Florida Evidence
  170  Code.
  171         (f) If a trustee fails to comply with an order of the court
  172  prohibiting the use of trust assets to pay attorney fees or
  173  costs described in paragraph (b) or fails to comply with an
  174  order compelling that such payment be refunded to the trust, the
  175  court may impose such remedies or sanctions as the court deems
  176  appropriate, including, without limitation, striking the
  177  defenses or pleadings filed by the trustee.
  178         (g) Notwithstanding the entry of an order prohibiting the
  179  use of trust assets to pay attorney fees and costs as provided
  180  in paragraph (b), or compelling the return of such attorney fees
  181  or costs, if a claim or defense of breach of trust is withdrawn,
  182  dismissed, or judicially resolved in the trial court without a
  183  determination that the trustee has committed a breach of trust,
  184  the trustee is authorized to use trust assets to pay attorney
  185  fees and costs as provided in paragraph (b) and may do so
  186  without service of a notice of intent or order of the court. The
  187  attorney fees and costs may include fees and costs that were
  188  refunded to the trust pursuant to an order of the court.
  189         (h) This subsection does not limit proceedings under s.
  190  736.0206 or remedies for breach of trust under s. 736.1001, or
  191  the right of any interested person to challenge or object to the
  192  payment of compensation or costs from the trust.
  193         (a) If a claim or defense based upon a breach of trust is
  194  made against a trustee in a proceeding, the trustee shall
  195  provide written notice to each qualified beneficiary of the
  196  trust whose share of the trust may be affected by the payment of
  197  attorney’s fees and costs of the intention to pay costs or
  198  attorney’s fees incurred in the proceeding from the trust prior
  199  to making payment. The written notice shall be delivered by
  200  sending a copy by any commercial delivery service requiring a
  201  signed receipt, by any form of mail requiring a signed receipt,
  202  or as provided in the Florida Rules of Civil Procedure for
  203  service of process. The written notice shall inform each
  204  qualified beneficiary of the trust whose share of the trust may
  205  be affected by the payment of attorney’s fees and costs of the
  206  right to apply to the court for an order prohibiting the trustee
  207  from paying attorney’s fees or costs from trust assets. If a
  208  trustee is served with a motion for an order prohibiting the
  209  trustee from paying attorney’s fees or costs in the proceeding
  210  and the trustee pays attorney’s fees or costs before an order is
  211  entered on the motion, the trustee and the trustee’s attorneys
  212  who have been paid attorney’s fees or costs from trust assets to
  213  defend against the claim or defense are subject to the remedies
  214  in paragraphs (b) and (c).
  215         (b) If a claim or defense based upon breach of trust is
  216  made against a trustee in a proceeding, a party must obtain a
  217  court order to prohibit the trustee from paying costs or
  218  attorney’s fees from trust assets. To obtain an order
  219  prohibiting payment of costs or attorney’s fees from trust
  220  assets, a party must make a reasonable showing by evidence in
  221  the record or by proffering evidence that provides a reasonable
  222  basis for a court to conclude that there has been a breach of
  223  trust. The trustee may proffer evidence to rebut the evidence
  224  submitted by a party. The court in its discretion may defer
  225  ruling on the motion, pending discovery to be taken by the
  226  parties. If the court finds that there is a reasonable basis to
  227  conclude that there has been a breach of trust, unless the court
  228  finds good cause, the court shall enter an order prohibiting the
  229  payment of further attorney’s fees and costs from the assets of
  230  the trust and shall order attorney’s fees or costs previously
  231  paid from assets of the trust to be refunded. An order entered
  232  under this paragraph shall not limit a trustee’s right to seek
  233  an order permitting the payment of some or all of the attorney’s
  234  fees or costs incurred in the proceeding from trust assets,
  235  including any fees required to be refunded, after the claim or
  236  defense is finally determined by the court. If a claim or
  237  defense based upon a breach of trust is withdrawn, dismissed, or
  238  resolved without a determination by the court that the trustee
  239  committed a breach of trust after the entry of an order
  240  prohibiting payment of attorney’s fees and costs pursuant to
  241  this paragraph, the trustee may pay costs or attorney’s fees
  242  incurred in the proceeding from the assets of the trust without
  243  further court authorization.
  244         (c) If the court orders a refund under paragraph (b), the
  245  court may enter such sanctions as are appropriate if a refund is
  246  not made as directed by the court, including, but not limited
  247  to, striking defenses or pleadings filed by the trustee. Nothing
  248  in this subsection limits other remedies and sanctions the court
  249  may employ for the failure to refund timely.
  250         (d) Nothing in this subsection limits the power of the
  251  court to review fees and costs or the right of any interested
  252  persons to challenge fees and costs after payment, after an
  253  accounting, or after conclusion of the litigation.
  254         (e) Notice under paragraph (a) is not required if the
  255  action or defense is later withdrawn or dismissed by the party
  256  that is alleging a breach of trust or resolved without a
  257  determination by the court that the trustee has committed a
  258  breach of trust.
  259         Section 5. Subsection (20) of section 736.0816, Florida
  260  Statutes, is amended to read:
  261         736.0816 Specific powers of trustee.—Except as limited or
  262  restricted by this code, a trustee may:
  263         (20) Employ persons, including, but not limited to,
  264  attorneys, accountants, investment advisers, or agents, even if
  265  they are the trustee, an affiliate of the trustee, or otherwise
  266  associated with the trustee, to advise or assist the trustee in
  267  the exercise of any of the trustee’s powers and pay reasonable
  268  compensation and costs incurred in connection with such
  269  employment from the assets of the trust, subject to s.
  270  736.0802(10) with respect to attorney fees and costs, and act
  271  without independent investigation on the recommendations of such
  272  persons.
  273         Section 6. Subsection (1) of section 736.1007, Florida
  274  Statutes, is amended to read:
  275         736.1007 Trustee’s attorney’s fees.—
  276         (1) If the trustee of a revocable trust retains an attorney
  277  to render legal services in connection with the initial
  278  administration of the trust, the attorney is entitled to
  279  reasonable compensation for those legal services, payable from
  280  the assets of the trust, subject to s. 736.0802(10), without
  281  court order. The trustee and the attorney may agree to
  282  compensation that is determined in a manner or amount other than
  283  the manner or amount provided in this section. The agreement is
  284  not binding on a person who bears the impact of the compensation
  285  unless that person is a party to or otherwise consents to be
  286  bound by the agreement. The agreement may provide that the
  287  trustee is not individually liable for the attorney attorney’s
  288  fees and costs.
  289         Section 7. This act shall take effect July 1, 2016.