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Terms Used In Florida Statutes 738.103

  • Estate: means a decedent's estate, including the property of the decedent as the estate is originally constituted and the property of the estate as it exists at any time during administration. See Florida Statutes 738.102
  • Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
  • Trust: includes an express trust, whether private or charitable, with additions to the trust, wherever and however created; and a trust created or determined by a judgment or decree under which the trust is to be administered in the manner of an express trust. See Florida Statutes 738.102
Except as otherwise provided in the terms of a trust or this chapter, this chapter applies to all of the following:

(1) A trust or an estate.
(2) A life estate or other term interest in which the interest of one or more persons will be succeeded by the interest of one or more other persons to the extent provided in s. 738.508.