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Florida Trustee Accounting Format

Fla. Prob. R. 5.346 / Appendix A (Fla. Stat. §736.08135)

What the Account Has to Contain

  • Summary: starting balance, receipts, disbursements, distributions, capital transactions and adjustments, and assets on hand at close.
  • Schedule A, receipts.
  • Schedule B, disbursements, income and principal shown separately.
  • Schedule C, distributions.
  • Schedule D, capital transactions and adjustments.
  • Schedule E, assets on hand at close of the accounting period.
  • Verification under Rule 5.346(d).

Sample Trustee Accounting

Figures are fictitious and illustrative. This is a sample of the deliverable, not legal advice.

IN THE CIRCUIT COURT FOR [COUNTY] COUNTY, FLORIDA

PROBATE DIVISION

IN RE: THE SAMPLE FAMILY REVOCABLE TRUST DATED MARCH 15, 2011

ACCOUNTING OF TRUSTEE

From: 01/01/2025 Through: 12/31/2025

Format: Fla. Prob. R. 5.346 and Appendix A model format (Summary + Schedules A–E), applicable to trust accountings via Fla. Stat. §736.08135 (must substantially conform). Principal/income allocation per Fla. Stat. ch. 738. Amounts are illustrative sample data.

SUMMARY

IncomePrincipalTotals
I. Starting Balance: Assets on hand at close of last period (carrying value)$0.00$1,010,650.00$1,010,650.00
II. Receipts (Schedule A)$35,055.50$0.00$35,055.50
III. Disbursements (Schedule B)($11,625.00)($17,260.00)($28,885.00)
IV. Distributions (Schedule C)$0.00($30,000.00)($30,000.00)
V. Capital Transactions and Adjustments (Schedule D): Net Gain or (Loss)$0.00$1,250.00$1,250.00
VI. Assets on Hand at Close of Accounting Period (Schedule E)$23,430.50$964,640.00$988,070.50

Entries on the Summary are taken from totals on Schedules A–E. The Summary and Schedules A–E constitute the full accounting.

SCHEDULE A – RECEIPTS (Income)

DateSourceNature / PurposeAmount
01/01/2025Tenant – 123 Sample LnRent – January$2,000.00
01/15/2025Sample SecuritiesDividends – Q4 2024 (various)$2,460.00
02/01/2025Tenant – 123 Sample LnRent – February$2,000.00
03/01/2025Tenant – 123 Sample LnRent – March$2,000.00
04/01/2025Tenant – 123 Sample LnRent – April$2,000.00
04/15/2025Sample SecuritiesDividends – Q1 2025 (various)$2,460.00
05/01/2025Tenant – 123 Sample LnRent – May$2,000.00
06/01/2025Tenant – 123 Sample LnRent – June$2,000.00
06/30/2025First Sample BankInterest – Jan–Jun$607.75
07/01/2025Tenant – 123 Sample LnRent – July$2,000.00
07/15/2025Sample SecuritiesDividends – Q2 2025 (various)$2,460.00
08/01/2025Tenant – 123 Sample LnRent – August$2,000.00
09/01/2025Tenant – 123 Sample LnRent – September$2,000.00
10/01/2025Tenant – 123 Sample LnRent – October$2,000.00
10/15/2025Sample SecuritiesDividends – Q3 2025 (various)$2,460.00
11/01/2025Tenant – 123 Sample LnRent – November$2,000.00
12/01/2025Tenant – 123 Sample LnRent – December$2,000.00
12/31/2025First Sample BankInterest – Jul–Dec$607.75
Total Receipts$35,055.50

SCHEDULE B – DISBURSEMENTS (Income and Principal shown separately)

DatePayeeNature / PurposeAmount
INCOME DISBURSEMENTS
03/10/2025Anytown Property MgmtRepairs – roof leak, 123 Sample Ln$3,675.00
04/15/2025Franchise Tax / IRSFiduciary income tax – 2024$1,950.00
06/30/2025Jane Q. SampleTrustee compensation – 1st half (per trust §7.2)$3,000.00
12/31/2025Jane Q. SampleTrustee compensation – 2nd half (per trust §7.2)$3,000.00
Subtotal – Income$11,625.00
PRINCIPAL DISBURSEMENTS
04/10/2025Anytown County Tax CollectorProperty tax – 1st installment$3,910.00
05/20/2025Sample Mutual InsuranceHomeowner's insurance – annual$2,140.00
08/05/2025Doe & Roe LLPAttorney fees – trust administration$4,500.00
11/15/2025Autonomi BooksAccounting & bookkeeping services$2,800.00
12/10/2025Anytown County Tax CollectorProperty tax – 2nd installment$3,910.00
Subtotal – Principal$17,260.00
Total Disbursements$28,885.00

SCHEDULE C – DISTRIBUTIONS

DateBeneficiaryDescriptionAmount (at carry value)
06/30/2025Beneficiary A (Sample, Robert)Discretionary distribution – cash$15,000.00
06/30/2025Beneficiary B (Sample, Maria)Discretionary distribution – cash$15,000.00
Total Distributions$30,000.00

SCHEDULE D – CAPITAL TRANSACTIONS AND ADJUSTMENTS

DateDescriptionCarrying ValueProceedsGain / (Loss)
09/12/2025Sale of 200 sh XYZ Corp$8,400.00$9,650.00$1,250.00
Net Gain or (Loss)$1,250.00

SCHEDULE E – ASSETS ON HAND AT CLOSE OF ACCOUNTING PERIOD

Rule 5.346(b)(4): two values are shown: acquisition/carrying value and estimated current value.

Description of AssetCarrying ValueEstimated Current Value
Checking – First Sample Bank (…4417)$34,070.50$34,070.50
Brokerage – Sample Securities (…8821)$304,000.00$338,750.00
Residence – 123 Sample Lane, Anytown$650,000.00$728,000.00
Total$988,070.50$1,100,820.50

Total carrying value ($988,070.50) agrees with Summary item VI total.

Trustee Compensation

DatePaid ToBasis / SourceAmount
06/30/2025Jane Q. SampleTrustee compensation – 1st half (per trust §7.2): charged to income$3,000.00
12/31/2025Jane Q. SampleTrustee compensation – 2nd half (per trust §7.2): charged to income$3,000.00
Total Trustee Compensation$6,000.00

VERIFICATION (Rule 5.346(d))

Under penalties of perjury, I declare that I have read the foregoing accounting and the facts stated in it are true, to the best of my knowledge and belief.

Dated: ____________________ ______________________________________

Jane Q. Sample, Successor Trustee

Attorney for Trustee: ____________________________ Florida Bar No. ________ Telephone: ____________

Reviewed and signed off by Jade Wang, CPA.

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