What happens if there is property that does not pass under a Will?
Full Question:
My Father made a Will and it he he provided that certain property go to certain children. However, he did not list all of his property. The estate lawyer also tells me that there was not "residuary clause" in the Will and therefore some of his property that was not mentioned does not pass under the Will. What does that really mean? We all live in Florida.
02/04/2017 |
Category: Wills and Es... ยป Intestacy |
State: Florida |
#31547
Answer:
The Florida Probate Code provide in this regard the following:
732.101 Intestate estate.—
(1) Any part of the estate of a decedent not effectively disposed of by will passes to the decedent’s heirs as prescribed in the following sections of this code.
(2) The decedent’s death is the event that vests the heirs’ right to the decedent’s intestate property.
(1) Any part of the estate of a decedent not effectively disposed of by will passes to the decedent’s heirs as prescribed in the following sections of this code.
(2) The decedent’s death is the event that vests the heirs’ right to the decedent’s intestate property.