Abstract: F.S. 736.0408 736.0408 Trust for care of an animal.—(1) A trust may be created to provide for the care of an animal alive during the settlor’s lifetime. The trust terminates on the death of the animal or, if the trust was created to provide for the care of more than one animal alive during the sett
Abstract: F.S. 736.0110 736.0110 Others treated as qualified beneficiaries.—(1) A charitable organization expressly designated to receive distributions under the terms of a charitable trust has the rights of a qualified beneficiary under this code if the charitable organization, on the date the charitable or
Abstract: F.S. 736.0402 736.0402 Requirements for creation.—(1) A trust is created only if:(a) The settlor has capacity to create a trust.(b) The settlor indicates an intent to create the trust.(c) The trust has a definite beneficiary or is:1. A charitable trust;2. A trust for the care of an animal, as provi
Abstract: F.S. 736.0409 736.0409 Noncharitable trust without ascertainable beneficiary.—Except as otherwise provided in s. 736.0408 or by another provision of law, the following rules apply:(1) A trust may be created for a noncharitable purpose without a definite or definitely ascertainable beneficiary or fo
Abstract: F.S. 739.102 739.102 Definitions.—As used in this chapter, the term:(1) “Benefactor” means the creator of the interest that is subject to a disclaimer.(2) “Beneficiary designation” means an instrument, other than an instrument creating or amending a trust, naming the beneficiary of:(a) An annuity o
