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Where’s my inheritance? Do you know about the 5 month inheritance rule in Florida probates?

Uncategorized Oct 14, 2014
post about Where’s my inheritance? Do you know about the 5 month inheritance rule in Florida probates?

If you are a beneficiary of a Palm Beach estate, or if you expect to get an inheritance, you may be asking your Estate Lawyer Palm Beachwhere’s my money? 

Can Estate Beneficiaries Demand Inheritances from Florida Executors?

  • You have rights as an estate beneficiary , don’t you ?
  • Or course you do !  The Florida Probate Code provides rights for family members , heirs and other beneficiaries of Palm Beach Probates
  • But….. you don’t get to run the estate…. the Executor of the Will runs the estate
  • In Florida, we call an executor of an estate the Personal Representative

Florida Probate Code Law on Inheritances

  • Check out Florida Probate Code 733.801
  • This Florida probate law says that no personal representative shall be required to pay or deliver any inheritance to an estate beneficiary until 5 months have elapsed
  • 5 months from when? (read the probate law)
  • The point is this:  probate beneficiaries should monitor the estate and receive information from the executor of the Palm Beach probate
  • But beneficiaries can’t demand your inheritance within 5 months
  • In fact, if it’s a large estate with probate litigation issues, like a Will Contest Palm Beach, or an estate tax return to be filed, don’t expect your full inheritance until those matters are resolved
  • Although….there is a way to try to get your inheritance sooner
  • Do you know how?