Is the Trustee Required to Give Me an Accounting?
Yes, a Florida trustee is absolutely required to give you an accounting of each Florida trust that you’re a beneficiary of, so if you’re a beneficiary in multiple trusts, you get an accounting for every single trust. You also get an accounting every single year, and that typically means a calendar year – January to December 31 – or the point in time when that trustee took over that trust.
If a Florida trustee is telling you that they’re not required to give you an accounting, or a Florida trustee tells you they’re not required to tell you where their assets are or what they’re valued at, be very, very cautious. That is not Florida law. Beneficiaries of Florida trusts have a lot of Florida rights, and you should know all of them.