Florida revises trust decanting and clarifies homestead transfers to community property trusts
Ch. 2025-159 (SB 262) revises authorized-trustee invasion-of-principal under §736.04117, treats lifetime distributions from a revocable trust as satisfying matching devises if criteria are met, and clarifies that homestead property transferred by spousal settlors to a community property trust does not constitute a change of ownership for property-tax reassessment.