Want to understand the powers and limits that apply to your Trust?
Start the free role checkPowers under the Florida Trust Code
Trustee's power to invade principal in trust (decanting)
§ 736.04117 ↗Clear, simple explanation pending Florida attorney review. See the official statute via the link above.
General powers of trustee
§ 736.0815 ↗A trustee may exercise powers granted by the trust and those appropriate to manage trust property — always subject to fiduciary duties.
Specific powers of trustee
§ 736.0816 ↗Lists specific powers: collect/sell property, deposit funds, borrow, operate a business, manage real estate, lease, insure, pay claims and taxes, hire professionals, make distributions, and wind up the trust.