Florida Family Trust Company Glitch Bill Passes Senate
Making its way through Florida’s legislature is Florida Senate’s family trust company bill, SB 568. This bill is informally known in Florida Bar circles as the Florida Family Trust Company Act “glitch bill.” The glitch bill fixes a number of issues in the original FTC bill enacted June, 2014.
The glitch bill has been anticipated since before that enactment, and that expectation was the main reason for the Act’s October 1, 2015 effective date.
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