Legal Question in Wills and Trusts in Florida

Mutual Funds

If the owners of a Mutual Fund are listed as : *decedent*, and *heir*, and *heir*, as opposed to *In Trust For* is any portion of the proceeds part of a Florida estate?(Subject to probate)

Asked on 7/11/08, 9:30 pm

1 Answer from Attorneys

Alicia Santana Torres Santana Torres Law Offices, PL

Re: Mutual Funds

No, but the real issues is what does the fund company require?? Will they transfer title to the heirs without a court order? They should only require a death certificate, but if they require more you will have to do it to get to the asset.

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Answered on 7/11/08, 10:03 pm

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