Florida Statutes 717.12405 – Claims by estates
Current as of: 2024 | Check for updates
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Terms Used In Florida Statutes 717.12405
- Decedent: A deceased person.
- Department: means the Department of Financial Services. See Florida Statutes 717.101
- Legatee: A beneficiary of a decedent
- Person: means an individual; estate; business association; corporation; firm; association; joint adventure; partnership; government or governmental subdivision, agency, or instrumentality; or any other legal or commercial entity. See Florida Statutes 717.101
An estate or any person representing an estate or acting on behalf of an estate may claim unclaimed property only after the heir or legatee of the decedent entitled to the property has been located. Any estate, or any person representing an estate or acting on behalf of an estate, that receives unclaimed property before the heir or legatee of the decedent entitled to the property has been located, is personally liable for the unclaimed property and must immediately return the full amount of the unclaimed property or the value thereof to the department in accordance with s. 717.1341.