The bill amends Section 733.501 of the Florida Statutes, which pertains to the appointment and responsibilities of curators of estates. Key changes include the introduction of new provisions for the appointment of curators, allowing the court to appoint a curator with notice to interested parties as deemed appropriate, and in urgent situations, without notice if there is significant danger to the estate's property. The bill also revises bond requirements, stating that curators must post a reasonable bond unless waived by the court, and specifies that banks and trust companies serving as curators are exempt from this requirement.

Additionally, the bill establishes that curators are subject to removal and surcharge by the court and mandates that they file reports detailing their management of the estate. The court is required to review these reports and may request more frequent updates or additional documentation to ensure the estate's interests are protected. The bill also reenacts a related statute concerning 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
H 131 c1: 733.501