Fla. Stat. 710.107
Other transfer by fiduciary
(1)
Subject to subsection (3), a personal representative or trustee may make an irrevocable transfer to another adult or trust company as custodian for the benefit of a minor pursuant to s. 710.111, in the absence of a will or under a will or trust that does not contain an authorization to do so.(2)
Subject to subsection (3), a conservator may make an irrevocable transfer to another adult or trust company as custodian for the benefit of the minor pursuant to s. 710.111.(3)
A transfer under subsection (1) or subsection (2) may be made only if:The personal representative, trustee, or conservator considers the transfer to be in the best interest of the minor;The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument; andThe transfer is authorized by the court if it exceeds $10,000 in value.(a)
The personal representative, trustee, or conservator considers the transfer to be in the best interest of the minor;(b)
The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument; and(c)
The transfer is authorized by the court if it exceeds $10,000 in value.
Source:
Section 710.107 — Other transfer by fiduciary, https://www.flsenate.gov/Laws/Statutes/2024/0710.107 (accessed Aug. 7, 2025).