Boyes, Farina & Matwiczyk

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Daily Archives: Wednesday, February 20, 2019

4th DCA: What’s a “qualified beneficiary” and why should trustees care?

…Under Florida’s Trust Code there are two classes of beneficiaries, and which class you fall in is a big deal.

As defined in F.S. 736.0103(4), the term “beneficiary” refers to the entire universe of persons who have a beneficial interest in a trust, as well as to any person who has a power of appointment over trust property in a capacity other than as trustee.

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