{"data":{"id":"us-fl/fla.-stat.-710.107","jurisdiction":"us-fl","citation":"Fla. Stat. § 710.107","heading":"Other transfer by fiduciary.","body":"(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.\n(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.\n(3) A transfer under subsection (1) or subsection (2) may be made only if:\n(a) The personal representative, trustee, or conservator considers the transfer to be in the best interest of the minor;\n(b) The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument; and\n(c) The transfer is authorized by the court if it exceeds $10,000 in value.\nHistory.—s. 1, ch. 85-95.","path":["CHAPTER 710 TRANSFERS TO MINORS"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0700-0799/0710/0710.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:12:47Z","sha256":"9425a8cfe58cea5549bb9d42de6c6ebf04622917ce553e0dda7145c13aa87f8b","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-710.106","next":"us-fl/fla.-stat.-710.108"},"notice":"GroundRules: Original legal text. Not legal advice."}
