This bill amends Section 733.501 of the Florida Statutes, which pertains to the appointment and responsibilities of curators of estates. It establishes new criteria for when a court may appoint a curator, allowing for appointments without prior notice in cases of significant danger to the estate. The bill outlines the authority and duties of curators, including the requirement to take custody of the estate under specific circumstances, such as when a decedent dies intestate or when a personal representative is absent. Additionally, curators are required to act as trustees, post a reasonable bond determined by the court, and file periodic reports detailing their management of the estate.
The bill also includes provisions for the removal and surcharge of curators by the court and mandates regular reviews of their reports to ensure proper estate management. It clarifies that banks and trust companies are exempt from posting bonds when serving as curators. Furthermore, the bill makes technical changes and reenacts a related statute to incorporate the amendments made to Section 733.501. The act is set to take effect on July 1, 2025.
Statutes affected: S 520 Filed: 733.501
S 520 c1: 733.501