Florida Probate Beneficiary Definition

Beneficiary:

In Florida Estate Planning and Florida Probate context this is a person entitled to receive property that was left to them by a will or trust or as a named beneficiary. This is contrasted by a person who receives property merely because of their family or marital relationship to the decedent which would be known as an heir. It may also include someone who is a named beneficiary of property such as a life insurance policy or a retirement account.

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