Florida Banking November 2021

Uniform Transfers to Minors (Passed in 2013) Extends custodianship for minors beyond 21 years of age • Permits that a testator may provide a custodianship last until the minor reach es age 25 • Allows the estate to continue to take advantage of the statutory protections for beneficiaries until age 25 • Kelly Caldwell Jr. , Caldwell Trust Company • William Moor Jr. , Capital City Trust Company • Carlos Batlle , J PMorgan Chase Bank, N.A. • Sheldon Bernau , S ynovus Trust Company • Melissa Brown , Truist Wealth Management • Joseph Covas Jr. , First Horizon Bank • Joan Crain , BNY Mellon Wealth Management • Richard DeNapoli , Coral Gables Trust Company

Other Legislative Issues FBA is currently monitoring: • Uniform Voidable Transactions Act • Uniform Principal and Income Act • Tenancies by the Entireties Trust • Multiple Trustees Compensation • Uniform Voidable Transactions • Kearney Fix • Transfers of IRAs in Divorce • Digital Assets (Part 2) • Lucas DeVicente , Sabal Trust Company • Burns Dobbins , Fifth Third Bank • Willem Erwich , The Northern Trust Company • Sasha Klein , Price Waterhouse Coopers • Mark Parthemer , TIAA Bank • S usan Walker , Bank of America • Joseph Weaver , Raymond James Trust N.A. • Paul Weigel , Bank of America Private Bank • Lory Weisensee , Charlotte State Bank & Trust

Trust Executive Committee Members

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Contact Valerie Fischer // 913-261-7055 // Valerie@NFRcom.com

WWW.FLORIDABANKERS.COM NOVEMBER 2021 — 13