The revised and expanded Seventh Edition of this perennial bestseller addresses in-depth the Florida Trust Code and subsequent amendments to the Code passed by the Legislature through 2011. In addition, this new edition features extensive treatment of all facets of trust administration.

Highlights of the new Seventh Edition include:

•  Powers and duties of the trustee

•  Operation of the revised Principal and Income Act

•  The Modern Portfolio Theory of investments

•  Trust Accountings

•  Trust "decanting"

•  Unique situations involving entities such as offshore trusts and Medicaid trusts

Tax considerations are stressed throughout the text, and are treated in depth in Chapter 12 of the manual. With the explosive increase in the use of trusts by Florida residents, this updated manual addresses a myriad of issues that attorneys practicing in this area are likely to confront on a daily basis