The 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 the court to appoint a curator, allowing for appointments with or without notice to interested parties based on the urgency of the situation. The bill outlines the authority and duties of curators, including the requirement to take possession of the estate under specific circumstances, and mandates that curators file periodic reports detailing their management of the estate. The court is given the authority to review these reports and request additional documentation if necessary.

Additionally, the bill introduces a requirement for curators to post a reasonable bond, unless waived by the court, while exempting banks and trust companies from this requirement. It also clarifies that curators are subject to removal and surcharge by the court and allows them to receive reasonable compensation for their services. The bill reenacts a section related to fiduciary lawyer-client privilege to incorporate the amendments made to Section 733.501. The act is set to take effect on July 1, 2026.

Statutes affected:
H 131 Filed: 733.501