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Trustee compensation: what Florida law actually provides

Family trustees often ask whether taking a fee is even allowed. Florida's answer is in §736.0708: if the trust does not specify compensation, a trustee is entitled to compensation that is reasonable under the circumstances.

Mostrado en su idioma como traducción automática, pendiente de revisión por un abogado de Florida. Los resúmenes de los estatutos y el texto original en inglés siguen siendo la fuente oficial.

Money · 5 min de lectura

The statute's structure

§736.0708(1) supplies the default — reasonable compensation when the instrument is silent. Subsection (2) addresses trusts that DO specify: the terms generally control, though a court may allow more or less in described circumstances, such as duties substantially different from those contemplated or compensation that would be unreasonably low or high.

§736.0709 separately entitles a trustee to reimbursement out of trust property for expenses properly incurred in administration — the statute distinguishes paying yourself for the role from repaying yourself for the trust's own costs.

What informs “reasonable”

Florida case law describes factors courts weigh — commonly including the size of the trust, the responsibility assumed and risk involved, the time devoted, the skill and experience brought, the results obtained, and local custom. Corporate trustees publish fee schedules; individual trustees frequently document time and tasks so a figure can be evaluated against the factors.

Because compensation is a payment from beneficiaries' eventual shares to the fiduciary, many trustees disclose fee arrangements in accountings and, where amounts are significant or family dynamics delicate, weigh attorney input before setting them. This page is general information; a specific fee for a specific trust is exactly the individualized question the register here does not answer.

Preguntas frecuentes

May a family-member trustee take compensation in Florida?

§736.0708 provides for compensation reasonable under the circumstances when the instrument is silent, and gives the instrument's terms primary effect when it speaks. Serving without fee is also common — the statute permits, it does not compel.

Is there a fixed percentage for trustee fees in Florida?

The Trust Code states a reasonableness standard rather than a schedule. Case-law factors — size, responsibility, time, skill, results, custom — inform what reasonable means for particular facts.

Can a trustee be repaid for expenses?

§736.0709 provides reimbursement from trust property for expenses properly incurred in the administration — a separate entitlement from compensation for the role.

Pregunte sobre este tema

Estas preguntas preescritas abren el asistente guiado con la pregunta ya escrita — usted la revisa y la envía. El asistente explica la ley de Florida en general con fuentes citadas; no da consejos sobre su situación, y aplica su límite de preguntas.

  • What does §736.0708 provide about trustee compensation in Florida?
  • What factors do Florida courts weigh in evaluating a trustee's fee?
  • What does §736.0709 provide about reimbursing a trustee's expenses?

Lecturas relacionadas

  • Records, receipts, and the accounting trail
  • The duty to inform and account, in plain language
  • Florida trustee compensation
Read the compensation guide

El Centro de Aprendizaje es información general sobre la ley de Florida — no es asesoría legal ni sustituye el consejo de un abogado de Florida con licencia sobre sus hechos específicos. TrusteeClear es software, no un bufete.

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