Winter Springs, FL asked in Estate Planning, Intellectual Property and Patents (Intellectual Property) for Florida

Q: If a person doesn't have a will but has sole rights to a patent, does Florida probate assign the nearest kin the IP?

corporation with zero value but with license to use and shares owned by deceased also

2 Lawyer Answers
Terrence H Thorgaard
Terrence H Thorgaard
Answered
  • Estate Planning Lawyer
  • Freeeport, FL
  • Licensed in Florida

A: The shares owned by the deceased, like any other property, go to the heirs as specified in the intestacy statutes.

Seril L Grossfeld agrees with this answer

Kevin E. Flynn
Kevin E. Flynn
PREMIUM
Answered
  • Patents Lawyer
  • Chapel Hill, NC

A: The patent system does not have special inheritance rules. The property passes in accordance with local law.

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