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75 trust administration firms in Florida. Browse practice areas, county coverage, and contact details.
Florida follows the "reasonable compensation" standard for trusteesFla. Stat. § 736.0708Verified Apr 14, 2026. Courts decide what's reasonable on a case-by-case basis, looking at trust size, complexity, and the trustee's actual work. Family-member trustees often waive the fee entirely. Professional trustees (banks, trust companies, attorneys) typically charge between 0.5% and 1.5% of trust assets per year, with corporate fiduciaries usually applying minimum annual fees. The Florida trustee compensation calculator breaks it down by trust situation.
Trust administration in Florida is typically faster than probate because trusts don't require court supervision. The main floor is the creditor claim period — 24 months in Florida — during which the trustee can't safely make final distributions. Simple trusts often wrap up in 6-9 months; trusts that hold business interests, real property in multiple states, or that need to file estate tax returns can take longer. See the Florida trustee checklist for the full process.
Estate planning attorneys in Florida average $444 per hourClio Legal Trends Report 2025Verified Jan 1, 2025 for wills and estates work. Flat-fee packages run roughly $1,332–$2,664 for a simple individual will and $4,260–$6,390 for a basic revocable trust. Online and DIY services cost $30–$300 for the same documents — see the will cost calculator for a side-by-side comparison.
Florida doesn't have a traditional small-estate affidavit, but estates under $75,000 may qualify for Summary Administration, a faster and cheaper alternative to formal probate. Whether you need an attorney for the summary procedure depends on the situation; for full formal probate, most families retain counsel.
In Florida, the situations where retaining counsel is typically worth the cost are: blended families with children from prior relationships; ownership of a business, rental property, or significant investment assets; special-needs dependents who need a special-needs trust to preserve benefits; substantial property held in multiple states. If none of these describe your situation, the simpler online and DIY tools are often enough.