How HB 417 changes current law

Curators of Estates · Florida

How this bill changes current law

10 changes

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill revises the appointment process, authority, duties, and reporting requirements for curators of estates in Florida.

  • 733.501

    When it is necessary, The court may appoint a curator → The court may appoint a curator

    Removes the phrase 'When it is necessary' from the appointment section.

  • 733.501

    The curator shall act as trustee when appointed by the court Bond shall be required of the curator as the court deems necessary. → The curator shall act as trustee when appointed by the court. Bond shall be required of the curator as the court deems necessary.

    Adds a period and clarifies the sentence regarding the curator acting as trustee.

  • 733.501

    Curators are shall be allowed reasonable compensation for their services, and the court may consider the provisions of s. 733.617. → Curators shall be allowed reasonable compensation for their services, and the court may consider the provisions of s. 733.617.

    Corrects the grammatical error 'are shall be' to 'shall be'.

  • 733.501

    Curators are shall be subject to removal and surcharge by the court. → Curators shall be subject to removal and surcharge by the court.

    Corrects the grammatical error 'are shall be' to 'shall be'.

  • 733.501

    Such reports must detail the actions taken by the curator in managing the estate. → Such reports must detail the actions taken by the curator in managing the estate.

    Retains the requirement for the reports but clarifies phrasing.

  • 733.501

    The court shall review such reports at regular intervals to ensure that the curator is effectively managing the estate and fulfilling its duties. → The court shall review such reports at regular intervals to ensure that the curator is effectively managing the estate and fulfilling its duties.

    Maintains the obligation for court review but clarifies phrasing.

  • 733.501

    The curator must take into its custody the estate of a decedent or a person in any of the following circumstances: → The curator must take into its custody the estate of a decedent or a person in the following circumstances:

    Removes the word 'any' for clarity.

  • 733.501

    For any other cause in which the court finds it necessary to protect the estate from injury, waste, theft, loss, or mismanagement. → For any other cause in which the court finds it necessary to protect the estate from injury, waste, theft, loss, or mismanagement.

    Retains this provision unchanged.

  • 733.501

    No bond shall be required of banks and trust companies as curators. → However, bonds are not required for banks and trust companies that serve as curators.

    Clarifies the bond requirement for banks and trust companies.

  • 90.5021(1)

    a curator as described in s. 733.501,

    Incorporates the amendment made to s. 733.501 into the fiduciary lawyer-client privilege section.

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View the full bill Permalink: https://www.oneclickpolitics.com/bills/568899-hb-417/current-law