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Current as of January 01, 2025 | Updated by Findlaw Staff
Except as provided in s. 4, Art. X of the State Constitution:
(1) An obligation solely incurred by one settlor spouse before or during the marriage may be satisfied from that settlor spouse's one-half share of a community property trust, unless a greater amount is otherwise provided in the community property trust agreement.
(2) An obligation incurred by both spouses during the marriage may be satisfied from a community property trust of the settlor spouses.
Cite this article: FindLaw.com - Florida Statutes Title XLII. Estates and Trusts § 736.1506. Satisfaction of obligations - last updated January 01, 2025 | https://codes.findlaw.com/fl/title-xlii-estates-and-trusts/fl-st-sect-736-1506/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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