Florida Statutes (Last Updated: April 21, 2021) |
TITLE XLII. ESTATES AND TRUSTS |
CHAPTER 733. PROBATE CODE: ADMINISTRATION OF ESTATES |
PART VIII. SPECIAL PROVISIONS FOR DISTRIBUTION |
Latest version.
- 1If a person dies intestate, property that the decedent gave during lifetime to an heir is treated as an advancement against the heir’s share of the estate only if declared in a contemporaneous writing by the decedent or acknowledged in writing by the heir. The property advanced shall be valued at the time the heir came into possession or enjoyment of the property or at the time of the death of the decedent, whichever first occurs. If the recipient of the property does not survive the decedent, the property shall not be taken into account in computing the intestate share to be received by the recipient’s descendants unless the declaration or acknowledgment provides otherwise.
Note
Note.-Created from former s. 734.07.