Lins Law Group, P.A.
Serving Families of Tampa Bay for Over 25 Years

Where is the principal place of administration of a Trust under Florida law?

Under certain conditions, the principal place of administration of a Trust can be designated in the Trust itself. However, certain limitations may apply.

In Florida, one of a Trustee's duties include declaring the principal place of administration of a Trust. The question then arises, how does the Trustee, determine the correct place for administration? In Florida, the principal place of administration of a Trust can be designated in the Trust itself. However, such terms are valid only if there is sufficient connection with the designated jurisdiction. Without precluding other means for establishing a sufficient connection, terms of a Trust designating the principal place of administration are valid and controlling if:

(a) A trustee's principal place of business is located in or a trustee is a resident of the designated jurisdiction; or

(b) All or part of the administration occurs in the designated jurisdiction.

(2) Unless otherwise validly designated in the Trust instrument, the principal place of administration of a Trust is the trustee's usual place of business where the records pertaining to the Trust are kept or, if the trustee has no place of business, the trustee's residence.

No Comments

Leave a comment
Comment Information
Attorney Michael Lins
ยป View Attorney Profile
WE SUPPORT OUR TROOPS!
At Lins Law Group, P.A., we support members of all branches of the military, including active-duty, reserve and veterans. Thank you for your service!

We Can Resolve Your Legal Issue

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy