Overland Park, KS asked in Estate Planning for Florida

Q: If a will reads that proceeds initially go to surviving spouse (in Florida) and then, upon death of surviving spouse,

they are 2 be split between 4 children (2 from each spouse) can the surviving spouse legally transfer all funds to one of the children while the surviving spouse is still living?

Related Topics:
3 Lawyer Answers
Nina Whitehurst
PREMIUM
Nina Whitehurst pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
Answered

A: It is not possible to answer your question without reviewing the will. The answer could go either way depending on how the bequest for the benefit of the surviving spouse was structured. If left to the surviving spouse outright then he or she can do whatever he or she wants with it, assuming no side agreement or contract to the contrary. If left to the surviving spouse in trust then it depends on what the trust says.

A: Your question would make sense were the assets in question real property. In such a case, it sounds like a life estate to the surviving spouse, and the remainder to the four children. But your use of the words "proceeds" and "funds" suggests that you are asking about money received upon the sale of estate property. In such case, it would not make any sense to transfer money to the surviving spouse (for his or her lifetime only) and then somehow try to take it back and pay it to the children. I suggest you ask your question of an attorney; if it's more than a hypothetical question you need one in any event.

Marc J. Soss
PREMIUM
Answered

A: To answer your question I need to make several assumptions (never a good thing), however, assuming the surviving spouse inherits the probate assets without any restrictions, they are free to dispose of them during their lifetime as they choose. That can include distributing them to just one individual. In contrast, if the inheritance has restrictions, such as only a life estate or income interest, they are not free to distribute all the assets to just one of the beneficiaries.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.