Trustees are fiduciaries: they must invest and manage the trust’s money prudently, not only for the present beneficiaries but often for generations to come. One of the cornerstones of modern trust law is the prudent investor rule, which tells trustees how they should think about investing. Closely related is the duty to diversify. Together, these principles guide trustees through one of the most challenging parts of trust administration—deciding what to buy, what to sell and

Florida law imposes duties on the personal representative to administer the estate efficiently while protecting creditors and heirs. Understanding how these rules work and why the process takes time can help families set realistic expectations and avoid unnecessary disputes.

The law does not usually impose a rigid number of days or months for trustees to distribute assets. Instead, it applies a more flexible standard: distributions must be made within a reasonable time. What counts as reasonable depends on the complexity of the trust, the types of assets involved, and the risks that remain outstanding.