Other transfer by fiduciary.
F.S. 710.107
in effect(1)
Subject to subsection (3), a personal representative or trustee may make an irrevocable transfer to another adult or trust company as custodian for the benefit of a minor pursuant to s. 710.111, in the absence of a will or under a will or trust that does not contain an authorization to do so.
(2)
Subject to subsection (3), a conservator may make an irrevocable transfer to another adult or trust company as custodian for the benefit of the minor pursuant to s. 710.111.
(3)
A transfer under subsection (1) or subsection (2) may be made only if:
(a)
The personal representative, trustee, or conservator considers the transfer to be in the best interest of the minor;
(b)
The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument; and
(c)
The transfer is authorized by the court if it exceeds $10,000 in value.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter710/AllFetched: 7/8/2026
