Legal Question in Wills and Trusts in Florida
Pension Plan - Annuity Fund
If no beneficiary was named in a
pension plan (annuity fund) and no Will
was made, who is eligible to receive the
funds after the death of the worker?
Ex-wife of 30 years or children?
2 Answers from Attorneys
Re: Pension Plan - Annuity Fund
It depends on two things. One, is this a Florida matter? Secondly, if it is a Florida matter, then it depends on what the pension plan says in terms of whether there is a death benefit and who may be entitled to the death benefits. If there is a death benefit, and the plan does not say otherwise, then the assets generally will go to the decedent's estate. If there is no will, then the laws of intestacy in the state in which the decedent resided will apply and determine how the assets are distributed. In Florida, see Florida Statute 732.101-732.111.
Re: Pension Plan - Annuity Fund
Florida's intestate statutes will control and dictate who will take
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