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Terms Used In Florida Statutes 739.204

  • Trust: means :
    (a) An express trust (including an honorary trust or a trust under…. See Florida Statutes 739.102
  • Trustee: A person or institution holding and administering property in trust.
If a trustee having the power to disclaim under the instrument creating the fiduciary relationship or pursuant to court order disclaims an interest in property that otherwise would have become trust property, the interest does not become trust property.