Fla. Stat. 732.2231
Protection of payors and other third parties

(1)

As used in this section, the term:“Governing instrument” has the same meaning as in s. 732.2025.“Payor” means the decedent’s personal representative, a trustee of a trust created by the decedent, an insurer, business entity, employer, government, governmental agency or subdivision, or any other person authorized or obligated by law or a governing instrument to make payments.“Person” has the same meaning as in s. 732.2025.

(a)

“Governing instrument” has the same meaning as in s. 732.2025.

(b)

“Payor” means the decedent’s personal representative, a trustee of a trust created by the decedent, an insurer, business entity, employer, government, governmental agency or subdivision, or any other person authorized or obligated by law or a governing instrument to make payments.

(c)

“Person” has the same meaning as in s. 732.2025.

(2)

A property interest is subject to property rights under ss. 732.216-732.228; however, a payor or other third party is not liable for paying, distributing, or transferring such property to a beneficiary designated in a governing instrument, or for taking any other action in good faith reliance on the validity of a governing instrument.

Source: Section 732.2231 — Protection of payors and other third parties, https://www.­flsenate.­gov/Laws/Statutes/2024/0732.­2231 (accessed Aug. 7, 2025).

Current through Fall 2025

§ 732.2231. Protection of payors & other third parties's source at flsenate​.gov