Florida § 736.1505 - Classification of property as community property; enforcement; duration; management and control; effect of distributions.
Full text of Florida Florida Statutes § 736.1505 — Classification of property as community property; enforcement; duration; management and control; effect of distributions., with citation guidance and answers to common questions.
§ 736.1505. Classification of property as community property; enforcement; duration; management and control; effect of distributions.
(1) Whether both, one, or neither is domiciled in the state, settlor spouses may classify any or all of their property as community property by transferring that property to a community property trust and providing in the trust that the property is community property pursuant to this part. (2) A community property trust is enforceable without consideration. (3) All property owned by a community property trust is community property under the laws of the state during the marriage of the settlor spouses. (4) The right to manage and control property that is transferred to a community property trust is determined by the terms of the trust agreement. (5) When property is distributed from a community property trust, the property shall no longer constitute community property within the meaning of this part, provided that community property as classified by a jurisdiction other than the state retains its character as community property to the extent otherwise provided by ss. 732.216-732.228.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 736.1505
What does Florida Statutes § 736.1505 cover?
Section 736.1505 ("Classification of property as community property; enforcement; duration; management and control; effect of distributions.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 736.1505?
A common citation format is "Florida Statutes § 736.1505" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 736.1505 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.