{"data":{"id":"us-fl/fla.-stat.-736.1505","jurisdiction":"us-fl","citation":"Fla. Stat. § 736.1505","heading":"Classification of property as community property; enforcement; duration; management and control; effect of distributions.","body":"(1) Whether both, one, or neither is domiciled in the state, settlor spouses may classify any or all of their property as community property by transferring that property to a community property trust and providing in the trust that the property is community property pursuant to this part.\n(2) A community property trust is enforceable without consideration.\n(3) All property owned by a community property trust is community property under the laws of the state during the marriage of the settlor spouses.\n(4) The right to manage and control property that is transferred to a community property trust is determined by the terms of the trust agreement.\n(5) When property is distributed from a community property trust, the property shall no longer constitute community property within the meaning of this part, provided that community property as classified by a jurisdiction other than the state retains its character as community property to the extent otherwise provided by ss. 732.216-732.228.\nHistory.—s. 33, ch. 2021-183.","path":["CHAPTER 736 FLORIDA TRUST CODE"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0700-0799/0736/0736.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:13:29Z","sha256":"d888119492332efcc41d3698b2ad27703a9cd1a4dc9b72eb33b00355623a9e41","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-736.1504","next":"us-fl/fla.-stat.-736.1506"},"notice":"GroundRules: Original legal text. Not legal advice."}