§ 736.1501 Short title
§ 736.1502 Definitions
§ 736.1503 Requirements for community property trust
§ 736.1504 Agreement establishing community property trust; amendments and revocation
§ 736.1505 Classification of property as community property; enforcement; duration; management and control; effect of distributions
§ 736.1506 Satisfaction of obligations
§ 736.1507 Death of a spouse
§ 736.1508 Dissolution of marriage
§ 736.1509 Right of child to support
§ 736.151 Homestead property
§ 736.1511 Application of Internal Revenue Code; community property classified by another jurisdiction
§ 736.1512 Unenforceable trusts

Need help with a review of a will?
Have it reviewed by a lawyer, get answers to your questions and move forward with confidence.
Connect with a lawyer now

Terms Used In Florida Statutes > Chapter 736 > Part XV - Community Property Trust Act

  • Arraignment: A proceeding in which an individual who is accused of committing a crime is brought into court, told of the charges, and asked to plead guilty or not guilty.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Community property: means the property and the appreciation of and income from the property owned by a qualified trustee of a community property trust during the marriage of the settlor spouses. See Florida Statutes 736.1502
  • Community property trust: means an express trust that complies with…. See Florida Statutes 736.1502
  • Consent: means intelligent, knowing, and voluntary consent and does not include coerced submission. See Florida Statutes 794.011
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Decedent: A deceased person.
  • Decree: means a judgment or other order of a court of competent jurisdiction. See Florida Statutes 736.1502
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Dissolution: means either:
    (a) Termination of a marriage by a decree of dissolution, divorce, annulment, or declaration of invalidity; or
    (b) Entry of a decree of legal separation maintenance by a court of competent jurisdiction in another state that recognizes legal separation or maintenance under its laws. See Florida Statutes 736.1502
  • Distributor: means any person engaged in the business of selling sparklers to a wholesaler. See Florida Statutes 791.01
  • Division: means the Division of the State Fire Marshal of the Department of Financial Services. See Florida Statutes 791.01
  • During marriage: means a period that begins at marriage and ends upon the dissolution of marriage or upon the death of a spouse. See Florida Statutes 736.1502
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fireworks: means and includes any combustible or explosive composition or substance or combination of substances or, except as hereinafter provided, any article prepared for the purpose of producing a visible or audible effect by combustion, explosion, deflagration, or detonation. See Florida Statutes 791.01
  • Fraud: Intentional deception resulting in injury to another.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Manufacturer: means any person engaged in the manufacture or construction of sparklers in this state. See Florida Statutes 791.01
  • Mentally defective: means a mental disease or defect which renders a person temporarily or permanently incapable of appraising the nature of his or her conduct. See Florida Statutes 794.011
  • minor: includes any person who has not attained the age of 18 years. See Florida Statutes 1.01
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Offender: means a person accused of a sexual offense in violation of a provision of this chapter. See Florida Statutes 794.011
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: includes individuals, children, firms, associations, joint adventures, partnerships, estates, trusts, business trusts, syndicates, fiduciaries, corporations, and all other groups or combinations. See Florida Statutes 1.01
  • Physically helpless: means unconscious, asleep, or for any other reason physically unable to communicate unwillingness to an act. See Florida Statutes 794.011
  • Physically incapacitated: means bodily impaired or handicapped and substantially limited in ability to resist or flee. See Florida Statutes 794.011
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Qualified trustee: means either:
    (a) A natural person who is a resident of the state; or
    (b) A company authorized to act as a trustee in the state. See Florida Statutes 736.1502
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Retailer: means any person who, at a fixed place of business, is engaged in selling sparklers to consumers at retail. See Florida Statutes 791.01
  • Seasonal retailer: means any person engaged in the business of selling sparklers at retail in this state from June 20 through July 5 and from December 10 through January 2 of each year. See Florida Statutes 791.01
  • Serious personal injury: means great bodily harm or pain, permanent disability, or permanent disfigurement. See Florida Statutes 794.011
  • Settlor spouses: means a married couple who establishes a community property trust pursuant to this part. See Florida Statutes 736.1502
  • Sexual battery: means oral, anal, or female genital penetration by, or union with, the sexual organ of another or the anal or female genital penetration of another by any other object; however, sexual battery does not include an act done for a bona fide medical purpose. See Florida Statutes 794.011
  • Sparkler: means a device which emits showers of sparks upon burning, does not contain any explosive compounds, does not detonate or explode, is handheld or ground based, cannot propel itself through the air, and contains not more than 100 grams of the chemical compound which produces sparks upon burning. See Florida Statutes 791.01
  • Trustee: A person or institution holding and administering property in trust.
  • Victim: means a person who has been the object of a sexual offense. See Florida Statutes 794.011
  • Wholesaler: means any person engaged in the business of selling sparklers to a retailer. See Florida Statutes 791.01
  • writing: includes handwriting, printing, typewriting, and all other methods and means of forming letters and characters upon paper, stone, wood, or other materials. See Florida Statutes 1.01